MLX 1.67% 44.3¢ metals x limited

Tin price, page-87

  1. 1,608 Posts.
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    Shafts can collapse ( in theory anytime ) so there isn't an insurer who insure a million plus dollar cost.hence there isn't a depreciating schedule and even if there was the LOM is not certain .Hence most claim it as a cost in the 1st yr itself which is good.
    in your eg of a motel,it is deprecated over 40 yrs with minimal risk & insurance.ug mines can & do shut down regurarly so claim it in the yr when expense occured.

    mlx to the moon.32c incoming before next Q.Supply has exhausted this week .
 
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