This is good deal for MLX and for SAU holders especially. The Cannon pit has been constrained by the boundary with NMI. ON the NMI side of the boundary is 20,000 oz oxide grade 1.9g/t. This should pay for the acquisition cost. The big plus is that a larger pit should now be possible for what is fairly high grade ore from the Cannon pit 3.5g/t. Speculatively there might be a decent underground resource under this pit. All part of the reboot for SKO.
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Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86376 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 180867 | 5 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |