That is a logical calculation however this is the time for...

That is a logical calculation however this is the time for rocket fuel funded by multiple hedge funds directly betting long not only on MLX but Sn futures aswell.

Remember this was beated down to death beyond reason so it has resssurected and it will take that 68c all down very soon. Sn price has just started the turnarounds $50k USD coming soon with the short sqeeze in May. 40% of long in May's contract in the LME is by one entity and 2 entities together hold 60% interest in the long position. Now also 20% short position still open.Demand for semicondors up 20% in Feb.Almost all the major Sn mines are either shut or have disruption or in conflicts.

MLX on the other hand is in a stable jurisdiction with 10yrs proven minelife plus another significant Sn sitting already in the surface as Rentails i.e no mining costs only processing .And with 100 yrs of mining ,depletion being contantly renewed -so your 20 yrs mine life although not proven is a very good statistical probabilistic statement.

Controlled by HK so this will hit atleat 88c if not $1 unicorn status very soon .

Go MLX !