If you read that MLX ASX announcement from 19/09/2019, I don't interpret anything about putting Nifty on care and maintenance.
It states the funds have been allocated so the company can deliver on its targets. I'm assuming that is the Nifty Reset Plan.
It states that the Board of Directors is unwavering in its belief that there is considerable opportunity at Nifty and that the successful execution of the Nifty Reset Plan is the key to unlock that value.
Sounds like they're going to push on. Maybe target key high grade areas???
MLX Price at posting:
14.5¢ Sentiment: Sell Disclosure: Not Held
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.
(20min delay)