Begs the question why MLX bought it in the first place.........
Clearly it needs a fair amount of capital invested to have a chance of making it a success, and I am just not sure that MLX will be able to do so without a cap raise. Maybe a buyer could be tempted if we hit some decent drill results and increased reserves / mine life?
MLX Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held
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