MLX is well known for its tin operations about to start in Tasmania ,and the phosphate project that was recently announced looks very promising .They are also well known for the world class Wingellina nickel deposit . Wingellina nickel deposit ,also contains very high grade cobalt ,and with the cobalt price having tripled , moving up from the $15lb mark to around $50lb recently ,it looks like the importance of this metal to Wingellina ,has been completely lost on the market .Their grades are very high and most in the measured and indicated categories . Nickel ,Tin and Cobalt and Phosphate are the big winners lately ,and MLX is going to be a big winner when the market wakes up to this . Cobalt prices have given this project a huge boost .
MLX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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