Just been going thru their annual report and not sure how I've missed this before but MLM own 100% of a limestone company called Phoenix Lime. This company in fact is already selling quarried rock.
The important thing however is their limestone assets, given that MLM NORINCO project is a nickel LATERITE project.
Limestone is a key cost input in laterite production.
So the fact that they will effectively have their own supply of limestone will be a significant benefit in the economics of the project.
Find something new to this company everytime i look at it!
Cdchi1
Just been going thru their annual report and not sure how I've...
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