A gold mine that has infrastructure and can be restarted can be a massively good investment if as expected we are in a gold price boom. Economics at AUD $3,700 would obviously be far better but what if we hit $4,500 which is easily achievable in the current environment?
Problem is they only bought $1m where it's really somewhat insignificant.
MLX Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
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