Yeah there’s definitely a lot of guess work. I’m more or less assuming they ‘high grade’ the high grade zone and there’s some 15-20% dilution so land at a 2% feed grade. Ie no uplift from the ore sorters.
I spoke with the company maybe 6 months ago re the ore sorter - he said they only put around 35% of mined material through the ore sorter (can only take a certain sized material) and they typically reserve it for when they bulk mine low grade areas - said it gets rid of around 50% of waste, works on rock density. So I really don’t know how it works so have ignored and left as upside.
- Forums
- ASX - By Stock
- Ann: Trading Halt
Yeah there’s definitely a lot of guess work. I’m more or less...
Featured News
Add MLX (ASX) to my watchlist
|
|||||
Last
42.0¢ |
Change
-0.015(3.45%) |
Mkt cap ! $380.6M |
Open | High | Low | Value | Volume |
42.5¢ | 43.5¢ | 42.0¢ | $1.533M | 3.581M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3725 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.5¢ | 1372 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 0.430 |
3 | 52349 | 0.420 |
5 | 73602 | 0.415 |
9 | 317108 | 0.410 |
5 | 135951 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 2642 | 2 |
0.410 | 21139 | 1 |
0.420 | 51969 | 7 |
0.425 | 7815 | 3 |
0.430 | 9300 | 1 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
Featured News
MLX (ASX) Chart |