Apart from a couple of operational staff the rest of the staff and luckily the management are NOT from MAL. That would have been worse.
But still why is there a lull in production?
From last qtrly; why weren't the Mining Licence Application and Mine Management Plan lodged?
Who is asleep at the helm?
You telling me a mining company forgot to lodge their mining applications until just when they were ready to begin mining?
And how much is that screw up delay now costing the company?
Of course they can and should make money at current prices, if they ever restart.
The glimmer of hope; word is the last approval needed for the Keysbrook project is about ready to happen. MZI's lawyers have apparently fought a long battle to get this done.
With minerals sands prices continually increasing this project can't start soon enough.
This Is Not Financial Advice
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news coming?, page-7
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