Agree @Freebone...
Anyone want to know how a company can turn around quick, just have a look at MLX and Renison.
They’ve been bleeding cash on their copper holding at Nifty, but their Tin has really built the company and given them a new dynamics. Simple metal- simple mining- so necessary- and price looking good longer term. And we have a huge resource at Taronga.
Just need to get thru the next couple of months and boy can this turn around! A little luck and potential is terrific! Someone’s been buying at the 7s so the turn around in sentiment is on the edge.
As soon as the co starts selling and states no raise and money coming in, we’re back... hopefully!
Check out MLX release here...
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD5wq%2BwBSZrfthke92GA%3D%3D
Tin, page-108
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Mkt cap ! $2.201M | |||
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