The market is assuming that the high C&M costs for NIFTY will be a perennial drag on the company. I don't believe this is the case. If they can't restart or sell it, there is always the option of reducing C&M costs by only employing one security guard and a mechanic with a grease gun.
Ann: Suspension of Operations at Nifty Copper Mine, page-184
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Last
43.0¢ |
Change
0.015(3.61%) |
Mkt cap ! $389.6M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 44.0¢ | 42.0¢ | $1.033M | 2.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39721 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 17680 | 4 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |