MLX 2.33% 44.0¢ metals x limited

Ann: Quarterly Activities Report, page-29

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  1. 15,545 Posts.
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    I agree100%.

    I did have a quick look at the Tellebung deposit. They have WO3 (wolframite -Tungsten) there. I didn't see anything about separating the Sn from the W. If they have to do that it probably means electrostatics (or something/fuming). Electrostatics as used in mineral sands are temperamental (a pain in the arse). Tungsten is very highly-priced a present but with all those niche commodities (like Mo) the price swings around wildly.

    I can see Rension want to use a fumer if they go with Rentails what is Tellebung going to use? Further, the thing noted as a problem, in MLX's quarterly report is the (Sn) sillicates. Guess what quartz is.

    All deposits look easy on paper. If they were they wouldn't need engineers, geo's and mets. there is a big shortage of all three. What MLX does have is a relatively experienced crew.

    All IMVHO.
    Last edited by arsenic: 26/07/24
 
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