IMVHO they can't be specific with answers till a decision is reached on Nifty.
Nevertheless, they're doing the groundwork on making Renison more efficient (at least they've proven they know what they're doing there).
WRT Tasmanians. It's actually a WA company just happen to have a good asset in Tassie. Even with the Tassie assets, they have managed to improve the usual/ old tassie work practices that have held things back.
BTW IMVHO the main engineering/ practice they need to be efficient is to use Jumbo(s) to do the cutting. They do that and had a bit of fun with trying to get it right at Nifty too. it's why I said I want to see them putting money into capital development. i.e. cutting drives to ready stopes. I suspect the very difficult conditions at Nifty made them do some high-quality planning/scheduling at the more straightforward Renison however I can't be sure.
Just wait till Ventnor (VRX) actually try and run their mine which is in Tassie.
- Forums
- ASX - By Stock
- MLX
- Ann: Update on Mt Gordon Copper Payment
Ann: Update on Mt Gordon Copper Payment, page-129
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MLX (ASX) to my watchlist
(20min delay)
|
|||||
Last
40.5¢ |
Change
-0.025(5.81%) |
Mkt cap ! $367.0M |
Open | High | Low | Value | Volume |
43.0¢ | 43.0¢ | 40.5¢ | $932.9K | 2.253M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 224951 | 40.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.0¢ | 26587 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 224951 | 0.405 |
11 | 81852 | 0.400 |
3 | 163008 | 0.395 |
1 | 180000 | 0.390 |
6 | 279098 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 25319 | 1 |
0.425 | 10000 | 1 |
0.430 | 10268 | 2 |
0.440 | 34413 | 2 |
0.445 | 50000 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
MLX (ASX) Chart |