MLX 1.11% 45.5¢ metals x limited

On the subject of Wingellina ,PC said that the chinese dont see...

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    On the subject of Wingellina ,PC said that the chinese dont see transport a problem at all for this project ,and one thing that is being considered in the feasibility study ,is to build a road to Ayers Rock ,the rest is sealed from there to the railway .He also said there is an excellent water supply close by suitable for the process .The feasibility study will be + - 15% for capital costs when it comes out, and a huge amount of work has taken place to progress Wingellina .The Chinese are propelling this along and they expect to be producing Nickel in 2012 .I wish I had time to talk with him further ,he is a goldmine of information .
    He also touched on the top 50 shareholders and said that they now own about 84% of MLX as opposed to 58% a year ago (not 100% sure about how long ago that was but its not that important )
 
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