$METALS X LTD(MLX.AU)$ The rec

$METALS X LTD(MLX.AU)$ The recent pull back to technical support potentially offers a useful entry point into this ASX tin miner (very unusual). In my view, MLX offers a deep value play leveraged to the long term tin price (crucial for electronics). MLX has a large, growing cash balance which recently ear-marked for a new buyback programme. MLX also has indirect exposure to copper via its holding of Cyprium Metals convertible notes. So if you are commodities bull, it could be worth a look!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Neexio
06-12
Neexio
Great potential here! [Like]
glowzi
06-12
glowzi
Awesome analysis

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":313812979892264,"tweetId":"313812979892264","gmtCreate":1717652905048,"gmtModify":1718193514438,"author":{"id":4148612925064322,"idStr":"4148612925064322","authorId":4148612925064322,"authorIdStr":"4148612925064322","name":"Captain Ashford","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.31","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}},"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.13","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"fanSize":8,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/7e09bcccee9d002484b8e4f500767bc1","width":"720","height":"1110"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/7e09bcccee9d002484b8e4f500767bc1","width":"720","height":"1110"}],"html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/MLX.AU\">$METALS X LTD(MLX.AU)$ </a> The recent pull back to technical support potentially offers a useful entry point into this ASX tin miner (very unusual). In my view, MLX offers a deep value play leveraged to the long term tin price (crucial for electronics). MLX has a large, growing cash balance which recently ear-marked for a new buyback programme. MLX also has indirect exposure to copper via its holding of Cyprium Metals convertible notes. So if you are commodities bull, it could be worth a look!</p>\n<img src=\"https://community-static.tradeup.com/news/7e09bcccee9d002484b8e4f500767bc1\" tg-width=\"720\" tg-height=\"1110\"></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/MLX.AU\">$METALS X LTD(MLX.AU)$ </a> The recent pull back to technical support potentially offers a useful entry point into this ASX tin miner (very unusual). In my view, MLX offers a deep value play leveraged to the long term tin price (crucial for electronics). MLX has a large, growing cash balance which recently ear-marked for a new buyback programme. MLX also has indirect exposure to copper via its holding of Cyprium Metals convertible notes. So if you are commodities bull, it could be worth a look!</p>\n<img src=\"https://community-static.tradeup.com/news/7e09bcccee9d002484b8e4f500767bc1\" tg-width=\"720\" tg-height=\"1110\"></body></html>","text":"$METALS X LTD(MLX.AU)$ The recent pull back to technical support potentially offers a useful entry point into this ASX tin miner (very unusual). In my view, MLX offers a deep value play leveraged to the long term tin price (crucial for electronics). MLX has a large, growing cash balance which recently ear-marked for a new buyback programme. MLX also has indirect exposure to copper via its holding of Cyprium Metals convertible notes. So if you are commodities bull, it could be worth a look!","highlighted":1,"essential":1,"paper":1,"likeSize":24,"commentSize":2,"repostSize":2,"favoriteSize":0,"link":"https://ttm.financial/post/313812979892264","repostId":0,"isVote":1,"tweetType":1,"viewCount":233,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["MLX.AU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":411,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":316063269167392,"commentId":"316063269167392","gmtCreate":1718193761014,"gmtModify":1718364920650,"authorId":3479274782428040,"author":{"id":3479274782428040,"idStr":"3479274782428040","authorId":3479274782428040,"name":"Neexio","avatar":"https://static.tigerbbs.com/8a6d90cbff3ceab2e34f58c7b8e0271f","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":313812979892264,"objectIdStr":"313812979892264","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Great potential here! [Like]","text":"Great potential here! [Like]","html":"Great potential here! [Like]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":316063405039800,"commentId":"316063405039800","gmtCreate":1718193763403,"gmtModify":1718364920826,"authorId":9000000000000141,"author":{"id":9000000000000141,"idStr":"9000000000000141","authorId":9000000000000141,"name":"glowzi","avatar":"https://static.tigerbbs.com/1c3f21ebce27a7e369dd15e4a48fc05e","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":313812979892264,"objectIdStr":"313812979892264","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Awesome analysis","text":"Awesome analysis","html":"Awesome analysis","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/313812979892264"}