MLX 4.40% 43.5¢ metals x limited

Yes - those comments about running the Nifty mill at 8K T per...

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  1. 1,378 Posts.
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    Yes - those comments about running the Nifty mill at 8K T per day for a limited time was interesting, presumably they had a small excess of ore on the ROM pad to really blow the cobwebs out of the Nifty mill and prove it can still do something like 2.5 million tonnes per year, but the issue seems to be getting the tonnes out of the ground at Nifty, I guess we will see if the new areas opened up for mine production at Nifty will start to show up as reliable extra tonnes (or at least higher grade tonnes) in the future.

    All pretty good news from Rennison as well.

    After a good beating down of the MLX share price over the last 12 months this is starting to look like a bit of a buy again, not for the faint hearted though.
 
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