MLX 0.00% 43.5¢ metals x limited

6 weeks to renison start .........qtrly out

  1. 7,163 Posts.
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    Everythings on track .
    At present prices for tin MLX will be making a $16,500 t margin after costs ,and at their production target of 8,500 t would return $140m pa profit .Total cash income before costs around $200m pa .
    BFS due for Rentails by end of 2008 .
    First stage of the feasibility for Wingellina due in july .
    Drilling in 2008 to declare a resource for Claude Hills .Similar results in previous drilling to Wingellina .

    Cash at the end of the quarter ..... $78,362,000
    Phosphate.
    Plus lots more .
    And still a market cap of $450m ????

 
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