MDX 0.00% 4.0¢ mindax limited

Ann: Trading Halt , page-11

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    Hopefully a big week coming up. Not entirely sure why we needed a trading halt for the recent announcement but it is hard to gauge the significance of their announcement without some figures on production savings through reduced benefication costs that could be achieved with the higher grade magnetite close to existing DSO. Jupiter has recently announced a production cost of $62.78/tonne so hopefully Mindax is around that mark or better. I thought we might also get an update on drilling on their other projects which is also overdue.
 
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