MLX need to bring back the old Board 2016 when the company was at its peak with a very positive outlook must be very disheartening for that board team to see where there hard efforts are at the present. Nifty has no doubt burnt them only through bad decisions not say right management team couldn’t make it work Previous board and management made both Renison and Collingwood projects work both projects had challenges , Renison project has been the savour of the company recently even operating costs look up there with production an grade variating not say capital spent there to improve processing , management restructure there along with business improvement plans has not had any effect beside worsen business - A board is as good as its management team and the managements team is as good as the people who select them.It is a shame to see the way the company is being operated currently to compared to the 2016 regime.
MLX Price at posting:
9.8¢ Sentiment: Buy Disclosure: Not Held
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