Wingellina is valued at zero by the market at the moment ,and the tin assets are undervalued .Also funding will not be a problem .Jinchuan are pushing Wingellina along ,because that is their focus at MLX ,not the tin .This came from MLX direct .When you have the backing of Chinas largest Nickel producer ,cash wont be a problem .The precedents are being set in the Iron Ore industry with regard to funding and I would expect a similar outcome for a Nickel project of this size .Chinese producers are trying to reduce their reliance on the big majors to stop the monpopolies ,and this can only be a good thing for MLX .Ravensworth will be fantastic for MLX as it will be another learning curve for these kinds of projects .Ravensworth will have solved many problems from past laterite projects and MLX stand to gain much from the Ravensworth experience .
MLX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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