Hightrax do you know how far away these guys are from going into production at Wingellina? How many years it takes to get from where they are now to even commence production?
Do you think if there was any good news about their "elephant in the room" they would have put it out by now? Its a mouse not an elephant. Why haven't they tried?
There are going to be some very sad quarterly reports coming long before they turn Nifty around. They have reduced their workforce. They have reduced their milling capacity to run campaign milling only. There are a lot of short comings and inefficiencies with that strategy. Mining contractors blended with company employees working underground in areas not fully serviced by required infrastructure. Try telling a contractor to wait while you put in vent, pumping, power, etc. $$$$$.
Guys its heading into the teens over the next 6 months. IMO.
Hightrax do you know how far away these guys are from going into...
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Last
57.0¢ |
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0.025(4.59%) |
Mkt cap ! $505.2M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |