The beauty of mining is ,fortunately or unfortunately it is very delayed.
Even if both Myanmar and Indo,reopens right at this very moment ( very unlikely ) - it will take atleast 6 months to see any physical suppy of the metal in the market.
Obviously, if there is no demand then the pure speculation will take out the floor however there is an underlying strong demand hence it will supports higer prices.
Not enough tin suppliers and very strong demand. 50k tin with Myanmar and Indo closed soon to be retested.
Tin USD 28675 - AUD 43711 . Here comes serious cash flow, page-7
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
41.5¢ |
Change
0.010(2.47%) |
Mkt cap ! $371.5M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.8¢ | 40.5¢ | $463.2K | 1.122M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 51167 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 298275 | 14 |
View Market Depth
| Last trade - 13.57pm 30/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |