On the back burner, from last quarterly although I do note that the completion of the Public Environment Review has been delayed from end of March to end of July:
Current status of Wingellina Whilst the engineering works for the updated feasibility study have been halted Metals X continues to use its internal resources to complete other long lead-time studies required for the DFS, including infrastructure, roads, rail and ports studies, and the completion of the Public Environmental Review documentation which is expected to be lodged in late July. Further, significant interaction with state and federal governments has occurred with excellent co-operation and desire to assist with the development of the project.
They do mention the MOU in the latest presentation from May 2104, so I assume it is still current, for all that a MOU is worth:
MOU signed with Samsung C&T, Metals X 30% free carried to production. Currently completing long lead time approvals and studies prior to final engineering and financing.
MLX Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
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