Couple of interesting points in a local Geraldton paper recently.
MIS will deplete the ore from its current stockpiles during April.
They have no approvals in place to start mining in any of their other ore bodies to be able to keep a continuation of supply to their customers.
I would question what their future holds as a mining company. Maybe directors are going to line their pockets and a takeover deal is very likely before long as to me it seems this company has no intention of continuing the way they are structured at the present.
Interesting times ahead. I don't hold shares but hold MMX.
MIS
midwest corporation limited
Couple of interesting points in a local Geraldton paper...
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