Agree with APAC. Get rid of Niffty. Scoping study and DFS are only good on paper but not on real mining activities. Nifty is only rely on low feed grade of copper, no other metal such AU or Ag. It should have feed grade above 2.2 percent to make the mining operation feasible during low Cooper price if no other metals/ copper only. Furthermore, mining the old stope will be slow and higher mining cost. The mining cost given is not realistic. The company just need to focus on tin, to be profit player at tin.
REQUEST TO CALL SHAREHOLDERS MEETING OF METALS X LIMITED, page-20
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