0.44 % Sn without drill ,blast & haulage .Also we dont need to process it to LME standard final Sn sheets.
100,000 t of Sn sitting there waiting to be printing. If we dont do it then someone else will do it. Too many risk overseas which MLX sure doesnt want to take at this stage.
While Rentail might sound boring but it is the best alternative besides Ringrose development for Maximum shareholder returns. The management is hoarding the cash for the Rentail feasibility and peocess testing and cash fund the whole project.
MLX Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
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