with tin prices going gangbusters, grades improving and costs...

with tin prices going gangbusters, grades improving and costs falling - 2013 looks to be a big year for MLX..

i wouldn't rule out MLX selling thier tin assets as prices are high and this would assist in development and acquisition opporunties...

they now have $84 million in the bank, an $80 million funding facility available and gold assets probably about to be signed off to start constuction. with so many rumours of consolidation in the area, mlx is primed to take part.

i have also mentioned before that MLX has to be primed ofr a takeover - my reasoning is that why wouldn't samsung just buy out 100% of nickel assets buying owning MLX? they would then get all that cash, tin assets and gold assets - which could be sold off to fund feasability and part of the construction.

there are also two very large shareholders who could easily make a move at these prices and probably make a killing on selling off the assets.

foster's have recently increased thier target price to 33c - almost 3 times the current price. my tip for stock of the year in 2013.

best of luck everyone.