if tin moon shots so will MLX, there's a very strong correlation of spot price and SP. I've spoken with Brett recently, they're far more conservative than most here would like. We are one mine operation that's reliant on a single shaft, if there was to be any seismic event we need a strong cash buffer to provide safety. it's yet to be seen when and how they will do capital returns but he has said it is something that is considered and addressed at each meeting and will do when they feel time is right. This probably isn't to everyone's liking, you can always press the sell button if you don't agree with their strategy. Brett is very easily contactable, he called me the same day that I emailed requesting a call and was generous with his time. I recommend anyone who has questions to do the same rather than going over the same issues ad nauseum on this forum.
MLX Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)