jinchuan is chinas largest nickel producers,and not only do they have extensive technical experience , they have mining experience through their interests in mining operations . Jinchuan would be extremely well connected within the mining industry ,both in Australia and overseas,and should have no trouble assembling a suitably experienced management team for Wingellina . laterite processing has come a long way and is now considered a reliable process for producing nickel .It is also possible that the project could be on sold to a major ,or a takeover could eventuate . This project area undoubtably holds a huge, rich mineral resource and the surface has only been scratched . This area will be opened up ,just like the other mineral rich provinces in Australia .Much more exploration is on the way , and mlx have everything in place to fill an upper mid cap position soon , and eventually ASX 100 position.
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0.390 | 50030 | 3 |
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