Cookie and his team have shown a great skill set in buying low and selling high and turning a sows ear into a silk purse... only they knows what they do with Roosters !
But The gold industry is in a flux and its a bit of merger time and there are cheap assets and I would think its time this company bought a few more assets and some high grade assets that seem undervalued or underperforming and give the sp a kick along.I suggest potential assets include DORAY ,Saracen and Hang kings Australian assets,MANY OF THESE ASSETS INCLUDING DORAY'S Murchison assets Cookie has held in the past and made a lot of coin of the realm selling them to Newcrest.If he can grow his base supported by production then he has a shot at the title...the big assets..Boddington and Kalgoolie but he is too small at present and needs to take a leaf out of Duponts book...growth through acquisition...starting with DRM OR SIMIALAR.
MLX Price at posting:
$1.52 Sentiment: Hold Disclosure: Not Held
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