MLX 6.38% 44.0¢ metals x limited

Conference call worth listening too. Clear that Nifty is worth...

  1. 2,625 Posts.
    lightbulb Created with Sketch. 196
    Conference call worth listening too.

    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.
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
44.0¢
Change
-0.030(6.38%)
Mkt cap ! $398.7M
Open High Low Value Volume
45.0¢ 45.5¢ 43.5¢ $2.509M 5.674M

Buyers (Bids)

No. Vol. Price($)
2 148181 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
45.0¢ 70681 2
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
45.0¢
  Change
-0.030 ( 3.74 %)
Open High Low Volume
45.0¢ 45.0¢ 43.5¢ 1423482
Last updated 15.59pm 26/04/2024 ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.