Thanks for the posts, good constructive stuff. I certainly hope you guys are right and I'm wrong. However the infrastructure problems are significant (transport, water etc) and the cost would be, from what I've read, upwards of $1bn. Costs are very high and there is a labour shortage which will persist for years.
I purchased the stock when the Southern Cross Report came out on the basis that listening to Charlie Aitken has made me plenty of money. I think the SP has been low because of the general market conditions and will pick as the market does and the tin kicks in.
I am cautiously confident I can at least double my investment based on the tin over the relatively short term. However I want to talk to someone in the company before I decide to hang in longer for the nickel which will result in big, big bucks coming my (our) way if these guys are dinkum miners.
MLX Price at posting:
0.0¢ Sentiment: LT Buy 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)