Yup ,primary vent and paste fill was the major capex spent over those years. Now that they are sorted which should last for the life of mine or a decase atleast without any major issue.
Also some spent on improving the plant and recoveries which is already in the 8's from the low 7's.
Now, there is not really much capex besides the usual expansion of development to reach Ringrose ( which really is an operational cost anyway ) .
We'll see a huge improvement in the bottom line margin no doubt about that.
Takeove greentech and this will be trading in a dollar with the biggest gap any one has ever seen in the charts !
MLX Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held
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