Hopefully the resource upgrade includes an increase in the DSO amount. Their website has been updated recently and they say "Mindax believes there is significant DSO material at Mt Forrest over and above the current JORC". The drill program is directed at increasing the size and resource status of the DSO and PBM material. They also mention an initial DSO operation exploiting the DSO JORC - Jupiter Mines are planning on getting a similar sized opertion up and running towards the end of 2013, i wonder if Mindax is aiming for the same time? This depends on whether there would be any port space available by then.
MDX Price at posting:
41.9¢ Sentiment: Hold Disclosure: Held
