There is some promising discussion of costs. Hard to quantify but here:
Improved mill output – Historically the Nifty Mill has produced a 22% copper concentrate whichover the last two milling campaigns has increased to 26% copper. Each one percent increase inconcentrate grade equates to an approximately $1.0 million annual saving in costs to the business;
$4 million saving?
Fleet cost seems to have reduced from 700k/month to 150k/month as at 1 July 2019 (So already factored)
$6.6 million saving?
So $10.6 million quantified cost savings. But has a lot of this already fed into the FY19 annual numbers? I noticed the costs came down a bit - and more dramatically if you take into account the increase in 'sustaining capital' (not clear what this is.. wonder why it is recurring?)
- Forums
- ASX - By Stock
- MLX
- Ann: Nifty Copper Operations Update
MLX
metals x limited
Add to My Watchlist
2.46%
!
62.5¢

Ann: Nifty Copper Operations Update, page-4
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
62.5¢ |
Change
0.015(2.46%) |
Mkt cap ! $553.9M |
Open | High | Low | Value | Volume |
61.0¢ | 64.0¢ | 60.3¢ | $2.018M | 3.234M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 62.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.5¢ | 41107 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.620 |
2 | 66260 | 0.615 |
2 | 2613 | 0.610 |
2 | 4906 | 0.605 |
14 | 240933 | 0.600 |
Price($) | Vol. | No. |
---|---|---|
0.625 | 41107 | 1 |
0.640 | 15625 | 1 |
0.645 | 1550 | 1 |
0.650 | 141560 | 3 |
0.665 | 140000 | 2 |
Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
Featured News
MLX (ASX) Chart |