Now that I had 80% of my typically modest parcel filled today at 82c Mr.Dollar, I'm happy to see the MLX train leave the station.
IT's been building a head of steam now for at least a couple of weeks but hasn't been able to dig in above 85c but you can tell it wants to get moving.
Possible catalysts include audited fiscal year report from 2016-17, due by Aug. 31; further drilling results at Nifty; a planned reserve/resource upgrade in September; the red metal pushing convincingly through US$3.00/lb; and details about the planned growth in tin output.
Looking at that list, we could have an exciting few months ahead of us.
I'm glad to be on board.
MLX Price at posting:
84.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)