MYL 0.00% 70.0¢ mallee resources limited

What he said.The indicated percentage has grown substantially...

  1. 10,591 Posts.
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    What he said.

    The indicated percentage has grown substantially and will continue to grow. Financiers will have significant interest for a resource this size.

    We know that DFS will increase profitability as technical studies will be firmed up (eg pit wall angles increased and waste removal reduced) . Lots of other detail has come out in past month that will lead to increased profitability as well.

    The wet season was always going to be the slow season and it will be over in another month give or take.. Though I am curious about Yegon ridge results.

    Also worth keeping in mind that with silver and gold being positively impacted some of the streaming companies could express serious interest as well, after all, MYL will have the world's 10th largest silver mine on commencement of mining.



 
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