Clear that Nifty is worth persisting with. The copper or 'geological endowment' is there. Drill results prove as much. They just need to reach it. This will take 4 - 6 months, as stated by the CEO.
Suggestion that a mooted presentation that was to be released last month, may be released this week.
It's clear that previous management operated this mine completely differently to that of current management.
The campaign milling is very interesting. It naturally reduces costs and is aligned with efficiency. Any shareholder should listen to this part of the call.
They are starting to run Nifty like accountants.
Management know they have to produce results and haven't gilded the lily.
MLX Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
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