This is great news and a big step forward for Mindax. The maiden JORC recource estimate is due out by March 30 and should hopefully include a couple of the areas now open to drilling as well as the Toucan and Macaw prospects previously approved.
No response from the market today, i thought this announcement would encourage more buyers as most of the heriatge issues are now behind us. With Iron Ore prices tipped to increase by 20%+ this year, it is shaping up to be a good year.
MDX Price at posting:
49.0¢ Sentiment: Hold Disclosure: Held
