BHP announced cost overruns of over one billion for their laterite nickel project at Ravensthorpe. That is the reason why not much value should be placed on Wingellina. Laterite projects are costly and as we have seen from both minara and now BHP seemingly full of problems.
Tine is where the $ are with MLX.
wingellina nickel ore contains 50pc iron ore , page-3
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Mkt cap ! $348.8M | |||
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