Yes, definitely sound reasoning..However taking into account the...

Yes, definitely sound reasoning..

However taking into account the future uplift of concentrate from Alphamin, and output uplifts out of Bolivia, with likely organisation of compliance out of Indonesia , you would think that there is a certain downside risk to tin futures in the near term, especially with the opacity of the tin trading throughout world markets, atm.

There is a rumour of tin being quietly imported to China out of Man Maw, circumventing ' official ' markets, which is definitely a bit of head scratcher.

Then there is a possible downside of worldwide demand throughout 2024, but that can be taken with a grain of salt.

My inference is that like 2022/3, volatility may return to the tin market yet again, which tends to send such an illiquid market into yet another tail spin to the downside at the drop of a hat, which could greatly affect the current SP of mlx, should it eventuate,

IF, however we see a base around 30 thou, and a shock absorber is provided by an uplift in electrification demand , then maybe we might hopefully see price action stabilisation above. 55., and the market is relatively informed of utilisation of an ever increasing bank balance. ( my belief is that much of the current uptick in the sp, is the market pricing In the buyback cut in the shares on offer)