I believe strategy is as follows:
Finalise WGR takeover
Bring CMGP into production in 2013
Use CMGP cashflow to pay down debt facility
Sell IGO shareholding (approx $20-25m) and use proceeds to construct Rover 1 decline
Infill drill Rover 1 once decline sunk
Continue Tassie tin production concurrently with the above
IMO Wingellina nickel project has been taken as far as possible by MLX. Now just waiting for someone to take equity or provide financing. Possible candidates include Jinchuan (China) Samsung (Sth Korea) and Japanese trading houses
Cheers
I believe strategy is as follows:Finalise WGR takeoverBring CMGP...
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Last
43.0¢ |
Change
0.015(3.61%) |
Mkt cap ! $389.6M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 44.0¢ | 42.0¢ | $1.033M | 2.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39721 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 17680 | 4 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |