A friend of mine was tipped MLX this tues, apparently his broker rang him out of the blue, he asked me to see what I thought as I tipped him AVM a few years back at 18c (which he sold at 50c without talking to me).
MLX certainly looks the goods, still quite a few bridges to cross, but my major concern was the large nickel projects that are due to come online before this one gets to production, what will that do to the metals price, suppy/demand balance 4 years out, has anyone any info in this regard.
He bought today, but am looking a entering myself if/when the sp comes back a bit when this broker stops pushing them
cheers Grant
MLX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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