PEX 0.00% 12.0¢ peel mining limited

Hi allAt the AGM someone did ask the question re sale of Mallee...

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    Hi all

    At the AGM someone did ask the question re sale of Mallee Bull to fund SN development. Whilst the board response was that anything is possible, they indicated that they wished to retain Mallee Bull because it's true potential is not yet known. Also, they indicated that longer term having two mines (Mallee Bull plus Wagga/SN) would be advantageous since they then would then not be reliant on only one operation (having just one operating asset significantly increases risk). Of course they made it clear that this is not set in stone and things are always subject to change, however I got the impression that this is certainly their thinking at the moment subject to SN/Wagga Tank coming through with a strong commercial resource.     

 
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