Wert, finally some support rather than ridicule, I do agree with the ridicule but some times balance is necessary. AEX still own 22.5 mil of MLX as you stated.When MLX go into production at Renison this month, they will be producing 8500tpa of tin metal and 1500tpa of copper co-product, based on current tin and copper prices that is $140mil + per ann profit after operating costs. Then Renison 5500tpa of sn and 1500tpa of copper @ $1000 less production cost per ann than Renison.That is another $100mil pa profit.The price of tin is still pointed in an upward direction due to lack of supply. Please check my maths, This is not a cross promotion for MLX, I do not hold.It is more a blatant ramp of AEX. Regards
AEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held