Bluestone Tin (MLX) is trying to recruit a General Manager, Geology Manager and a Safety and Training Manager for its Renison (Tasmania)Operations.
While these are advertised as full time positions, last time they opened Renison they failed to meet projected production costs and closed down after 6 months. On that basis these jobs may actually be temporary.
Perhaps Bluestone Management are a bit more forgiving now- after all they allow their Collingwood (Qld) operations to run at an amazing loss- instead of the projected $3500/tonne production cost they are achiving a staggering $22950/tonne.
They can always issue some MORE shares to cover any loss- after all when there are 1.1 billion shares and options what difference will another couple of hundred million shares make!
MLX Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
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