The tin price is in poor shape but the very low $A is providing a big bonus, keeping the realisedprice up around $16k ton. This provides a lot of leeway, so the main question is how well is Renison going? The low SP may indicate some probs but the maket as a whole for small miners is very thin. Saved by the $A? Same goes for copper, but this circuit not commissioned. That will hurt a bit. If they forward sell some of the tin they will get a significantly higher price for it. name of the game just now survival, all over. If MLX can ride through this there will be more tin to sell at higher prices later. Bit of a nail biter.
MLX Price at posting:
7.5¢ Sentiment: Hold Disclosure: Held
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