Area 5 is a big area of around 3-4mt I believe and a high grade section of around 2mt that grades over 2% ore. Each stope differs in size but let’s call it 30,000t per stope - so there’s many many stopes to take out of Area5.
For whatever reason they weren’t able to extract a stope they had planned to in Area5 during the quarter. Could have been rock hardness, water, equipment availability, equipment interactions etc etc So instead of stoping 2% ore at Area5 in the March quarter they took a stope of likely sub 1% ore at CFB zone. No big deal, we’ll get that higher grade stope in Q2 (When prices are higher).
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report
MLX
metals x limited
Add to My Watchlist
0.43%
!
57.8¢

Area 5 is a big area of around 3-4mt I believe and a high grade...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
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
57.8¢ |
Change
-0.003(0.43%) |
Mkt cap ! $511.8M |
Open | High | Low | Value | Volume |
57.5¢ | 58.3¢ | 57.0¢ | $360.8K | 627.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 89644 | 57.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
58.0¢ | 60488 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 91258 | 0.575 |
10 | 142325 | 0.570 |
13 | 93830 | 0.565 |
18 | 454882 | 0.560 |
1 | 14053 | 0.555 |
Price($) | Vol. | No. |
---|---|---|
0.580 | 58961 | 15 |
0.585 | 309920 | 12 |
0.590 | 23895 | 8 |
0.595 | 146530 | 7 |
0.600 | 70541 | 7 |
Last trade - 11.38am 01/08/2025 (20 minute delay) ? |
Featured News
MLX (ASX) Chart |