MLX 4.40% 43.5¢ metals x limited

Ann: RENISON AREA 5 & LEATHERWOOD DRILLING UPDATE, page-7

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  1. 213 Posts.
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    So if there was a shutdown for a day or two (allowing for restart), monthly prod rate is now over 900 tonnes.

    And let's not forget what the quarterly said about Nifty:

    "It was pleasing to note that during December 2018, the mine was able to achieve daily production rates in excess of 7,000 tonnes for a 5-day period. This demonstrated the capability of the mine to achieve the required higher production level. Improved continuity of production will be enhanced as development continues to move away from the Central Zone and additional production fronts are established west, east and north of the Central Zone.Similarly, the Nifty Concentrator was operated at a rate of 8,000 tonnes per day for a short period with limited operational challenges, demonstrating the capacity to process at an annualised rate of up to 2.5 million tonnes."

    It would be great to get another update on the performance of Nifty soon.
 
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