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
4.59%
!
57.0¢

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
57.0¢ |
Change
0.025(4.59%) |
Mkt cap ! $511.8M |
Open | High | Low | Value | Volume |
55.0¢ | 58.0¢ | 55.0¢ | $1.836M | 3.247M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 115505 | 57.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
57.5¢ | 84697 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 231155 | 0.570 |
11 | 241186 | 0.565 |
6 | 226910 | 0.560 |
7 | 568475 | 0.555 |
12 | 202331 | 0.550 |
Price($) | Vol. | No. |
---|---|---|
0.575 | 84717 | 9 |
0.580 | 305926 | 12 |
0.585 | 131087 | 9 |
0.590 | 126639 | 6 |
0.595 | 609469 | 9 |
Last trade - 15.28pm 27/06/2025 (20 minute delay) ? |
Featured News
MLX (ASX) Chart |
The Watchlist
PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
SPONSORED BY The Market Online