I agree Cashme, jury is out on this one. The quarterly I would consider as neutral, some good news (Nifty drill results, progress with accessing the new mining areas at Nifty) and some not so good news (Nifty still bleeding cash). The share price is just treading water since the announcement, which is not surprising given that shareholders remain unsure if management can turn Nifty around.The next 4 quarterlies will be critical and need to progressively demonstrate steady and real improvement in Nifty's output and cash costs. GLTA
MLX Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
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