I believe the initial CAPEX came in about 80 mill, non- adjusted, but will need to dig up what parts were mentioned.
Regarding ELT, yes it is promoting, but at least there is an effort to do so, with Brett sitting on the board. ( Yet another company where the SP and financials are languishing. Google the charts to explain.)
It matters not what we think as a collective, nor as single traders, the current share price is the primary indicator of what the whole market thinks, which is well below the April '22 high, with more cash, more tin, and a likely longer mine life.
If there IS more to the story, inform the market, or get the board to put some of their own skin in the game, just to let the register know that they too feel the pain. Not as though the 700 K/pa is money hard earned.
At present the whole deal looks apathetic and operates on iceberg speeds of priority.
Unfortunately The numbers on our screens simply do not lie..
MLX Price at posting:
31.0¢ Sentiment: None Disclosure: Held
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