I'm not sure how a minnow with $1.7m cash is going to raise $24 million, or the $50-60m that it will take to get the modified Nifty operation running again including stripping. Hmm....suspect CYM will fall over, but their punters might come to the party. I will buy some if I can see how they are going to try to do it. Looks a bit like a Chihuaua with a big neck collar chasing a wild boar.
At the minimum, MLX will have the upkeep costs of Nifty off its books for a little while.
Wondering how long it will take to sink the vital Area 5 ventilation shaft at Renison. Critical path operation for the new area. These are pretty slow to do because of large diameter. Anyone clued up on this?
Ann: Trading Halt, page-55
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44.5¢ |
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Mkt cap ! $403.2M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.5¢ | 43.0¢ | $1.110M | 2.503M |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 80811 | 43.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 19456 | 2 |
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