Nifty going in the right direction with less tonnes at a higher grade coming out of the ground, increased development means more ore sources becoming available, its a painfully slow turnaround story at Nifty but it was neglected for so long that I'm not surprised that the turnaround is proceeding slowly. Lets hope AISC for Cu is improving beyond the AUD$9627 per tonne that was reported the previous quarter. They claimed 4678 tonnes copper produced last quarter so lets see if they can beat that.
Renison humming along nicely, no worries there.
I'm no Warren Buffet but maybe this could be the bottom for MLX? Assuming that metal prices, cost of fuel and exchange rates don't do anything too unexpected in the future?
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