This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

MLX - Metals X Limited

Jump to new
Doesn't look to be any change to tin been in short supply with the price continuing to go. Same story with Ni and Cu. MLX paused a little the past month, but still overall tracking the POT.



 
Tin still heading up by the looks with MLX continuing to pause for the moment. I wonder how much longer the tin supply v demand issue will go on driving up the price of both tin and MLX? I'm not sure if anyone would have predicted this only a couple of years ago.

But, what's the outlook? Here's one opinion.

Tin price outlook dims in 2022 – report​







 
Unusual for an announcement like this to come out at the end of the day. Maybe there's something in here that's not that good. Finished up 5% so must be OK.




 
Sean K said:
Yes, but completely different narrative with the price of tin just running and running.
Click to expand...


TIN certainly has had a great run from the low in March 2020, almost too good to be true. MLX has enjoyed an incredible run as well.
Coincidently the two having a low at the same time (for MLX much to do with the companies own woes).

MLX v TIN 2 year



Even the 1 year comparison is impressive

TIN v MLX 1 year

It's around 2 months since the completion of the sale and spin out of MLX nickel assets to NC1, which MLX held 23.19%, issued @$0.20, last $0.645, but that doesn't seem to have had an impact on MLX price since then. Disclosure doesn't seem to be an issue here, but if I was asked, then I wouldn't truthfully be able to say I didn't (at this time).

Let us hope the TIN price (and MLX) continue to rally.
 
My pick for the July comp – reason: noticed the price fall rapidly within a short space of time… also expected that tin should remain elevated (in my opinion anyway) especially with continued growth in the electronics industry...
 
tookie said:
My pick for the July comp – reason: noticed the price fall rapidly within a short space of time… also expected that tin should remain elevated (in my opinion anyway) especially with continued growth in the electronics industry...
Click to expand...

Good luck. Hopefully there's at least a dead cat somewhere soon.

Tin's increadible run (bubble) over the past 2 years popped in April, along with some other metals. Pretty nasty fall and it's hard to see what's going to halt it and turn it around in the short term. Nasty stuff. Perhaps a lot of fear is factored in and it's oversold?



 
Good morning
MLX making a run of it today (29/12/22)
Surprised rcw1
Price of tin and copper improved past week

Holding … just

Kind regards
rcw1
 
nice strong buying ... trying to work out why?? any number of possibilities really.

holding
rcw
rcw1 said:
Good morning
MLX making a run of it today (29/12/22)
Surprised rcw1
Price of tin and copper improved past week

Holding … just

Kind regards
rcw1
Click to expand...
 
rcw1 said:
nice strong buying ... trying to work out why?? any number of possibilities really.

holding
rcw
Click to expand...
Oh rcw1 gets it, they have worked out how to turn tin in gold ha ha ha ha haha

and piggies fly backwards toooo
 
I have selected MLX in the 2023 CY Tipping Comp.

2021 was a great run up and into April last year before lots of the commodities stocks fell back in price. December's price movement caught my eye and gave me hope that it might find it's way back to higher prices over this year. Once again only time will tell.

 
Chart looks interesting for the speculatively minded. Tin. Momentum indicators signalling positive and might have found support at 25c? Believe it is currently profitable and holding a fair amount of cash - can't check as CommSec is down doing maintenance.

Not Held

WEEKLY
 
You must log in or register to reply here.

Similar threads

NC1 - NICO Resources
2
Replies
25
Views
5K
Miner
NNL - Nordic Resources
Replies
17
Views
4K
System
NGX - NGX Limited
Replies
4
Views
1K
Sean K
OM1 - Omnia Metals Group
Replies
3
Views
2K
peter2
AM5 - Antares Metals
Replies
19
Views
4K
System
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...