MLX 5.26% 36.0¢ metals x limited

Lets all hope there is a turnaround this year . For this to...

  1. 158 Posts.
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    Lets all hope there is a turnaround this year .

    For this to happen they need to reduce the C&M costs , find some one interested in Nifty and most importantly meet the production targets at Renison. Assume we will have to wait a few months to see if they can make this happen

    C&M will eat up cash quickly with no value add so they need to find away to cut this to a minimum . There are others like EMR trying to sell copper assets at the moment, so Nifty may not be the first choice of any one shopping .

 
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