Nogojo I am neither here or there with TAM although it was going to contribute 30 or so cents to out SP according to broker reports. Don't care really.
I am not sure whether I agree with GUY's summation of the business eg not being driven or that we need continuos reporting. On any exploration I would agree in that I would like to see more discoveries and increase in JORC but haven't we got that in the past. I am not sure if current or recent drilling and whether information is o/s, if it is perhaps someone can tell me.
Lastly I think what is absolutely crucial to mlx un the short term is they meet production targets and made progress on other mines to begin production and increase overall output as they promised. To me that would be driving the business. Some settlement for Tam would be a bonus but not counting on it.
I am also a little miffed that cookie hasn't looked at RNI gold mine or perhaps he has and decided not to proceed. Peter newton is second largest shareholder and rni in a heap of strife financially which they are trying to work through now with first step being a recap. I'm in rni too and hurting big time.
MLX Price at posting:
$1.28 Sentiment: None Disclosure: Held
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