MLX 1.09% 45.5¢ metals x limited

Ther're not crazy, looks good if a Director buys, helps preserve...

  1. 4,842 Posts.
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    Ther're not crazy, looks good if a Director buys, helps preserve salary and job, (the GIF is a little annoying as I type) as well as possibly showing confidence in value increase. By the number of posts CashMO you would know this.

    The sell down looks overdone (?), Renison tin and Area 5 market cap $70M, like the turn around story to at least 12c or $100M based on potential earnings, Tin price well below LT average, expect small increases next year from reading net (broad group of forecasters), gathering a little pace towards the end 2020. Tin mines in China are under scrutiny for safety concerns some market loss possible, Indonesia probably has a bit more capacity to balance out. Reserve $ with recent cap raising and loan facility is great. Don't mind the influence of APAC, and their self interest in getting the SP up to their purchase price hopefully .
    Last edited by trousergecko: 02/01/20
 
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