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70.0¢ mallee resources limited

Kalenn,$30K/T is nice given 1/ the grade is there 2/ Hartree...

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Roubi

150 Posts.

67

03/02/23

12:12

Post #: 66052869
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Originally posted by Kalenn: ↑

I'm also thinking APRIL, SUBJECT TO asx NOT BEING TARDY.

The work done for the previous re-list attempt will be giving them a major head start on the processes so I do not see it taking the '5 month' period touted by ASX guidelines. It is also what the company implied.

In the meantime, Ni remains close to US$30,000. Recoveries are constantly improving at Avebury and they have stated that production is ramping up towards nameplate. I'd suggest if we are not already cash flow positive we should be in January.

PS I'm working on an AISC target of $14,500 12 months from now. Lesser in the longer term when production volumes should also well exceed nameplate.

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Kalenn,
$30K/T is nice given 1/ the grade is there 2/ Hartree buys at fair price.
Nothing clear on the latest reports - unless I missed it?

MYL Price at posting: 70.0¢ Sentiment: None Disclosure: Held
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