. MLX will have strong cash flows very quickly .They still expect 7000t of tin and 1000t of copper even though there are only about 11 months producing time left this financial year . Thats almost full production rate for the rest of the year .So, unlike many new mine commissionings ,Renison will be profitable almost from the beginning .MLX is on a huge growth curve ,and is on its way to be coming one of Australias top diversified miners ,with huge resources ,in my opinion .They are undertaking an exploration program that many speccies can only dream of .Most of these are extensions to known ,high grade mineralisation at most prospects ,and the fruits of their labour can be seen in their Tin and gold results recently .The Agaton phosphate potential has flown stright over the top of investors heads at this stage ,but i know MLX directors are very excited about it .
MLX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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