MLX 1.25% 40.5¢ metals x limited

Ann: Quarterly Activities Report, page-7

  1. 2,625 Posts.
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    Disagree:

    They are two months into the Nifty reset plan. They have spent the money to improve stopes and reduce costs as outlined in the quarterly.

    Exploration drilling starting with a diamond and RC rig in the 'Patterson' - that should put on 50 million to the Market Cap - LOL.

    No share issue to raise capital, so non-dilutionary.

    In fact, the share price could even go up today with this news.
 
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