Wingellina is a $35 billion project and it is nearing production. Once it goes into production the MLX share price is set to explode.
"The agreement provides consent for the grant of a mining lease and subsequent mining operations over the project, which subject to other regulatory approvals allows the massive Wingellina Nickel-Cobalt Limonite Project to be advanced toward production."
"Metals X is currently progressing with environmental studies, water exploration and other necessary approval processes to enable development of the project."
"Metals X is continuing to work closely with its major shareholders, APAC Resources Limited (HKEX: 1104) and Jinchuan Group Limited (China?s largest nickel producer), on financing and development options for the project."
Newminer.
MLX Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)