MLX 2.38% 43.0¢ metals x limited

Ann: ABML Directors To Recomend Proposed Increase Offer From MLX,MLX-ABY.AX, page-10

  1. 3,941 Posts.
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    One of the biggest costs is fuel to run the plants and haulage-theres a lot of that. Prices are more favourable in this area than they have been for a long while, and this goes straight to the bottom line. Cross fingers...

    I'm looking on the bright side- there area danger areas in quality of ore, but think that there has been a bit too much pessimism. Once this hurdle is gone the price should head up to maybe $1.50?
 
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