MLX 11.1% 50.0¢ metals x limited

Ann: Renison Resource Update, page-8

  1. 3,047 Posts.
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    The announcement gives you the depletion from 31 March to 10 December. If you take the figure below and deduct the Q2 and Q3 production figures for Renison you get 168kt @ 1.13% Sn for 1.9kt Sn... for the period 1 Oct - 10 Dec. Whilst the tonnage isn’t a bad run rate it’s looking like some fairly low grade they are mining through which is as per guidance...

    178621AD-E95E-4887-899C-42E1E976C667.jpeg
    Last edited by Cashmeoutside: 30/01/20
 
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