MLX 2.27% 43.0¢ metals x limited

Nifty Sale, page-14

  1. 15,629 Posts.
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    How do you compare it to other (virgin) open pits? This thing is riddled with mining voids full of timber, steel etc.

    The reason MLX got into trouble and all but sunk the company is they took what they thought were their conservative numbers and great mining expertise (greater than Adithya Birla) and found out it was more in their mind than real. I can't complain I backed the mining professionals present and their expertise.

    However, fool me one shame on you fool me twice. Shame on me.
 
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