Lower fuel cost for diesel just now will help the bottom line of most of our active miners. Even in things like ocean freight rates and road haulage. The savings go straight to the bottom line, which has been pretty thin for the past few quarters due to heavy capital expenditure being expensed immediately. With the ventilation shaft to Leatherwood having to be restarted dure to ground conditions in the initial one being no good, it will help counteract it.
MLX Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
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