All the asset delineation has been done at Wingellina. It is JORC compliant. Chemical testing and definition done. Resource carefully mapped and graded. Water located. Acid supply rocks located in region. Aboriginal negotiations completed. Government permits obtained. Technology researched. New finding is that heap leaching very possible.
Yes, MLX is likely to have a bumpy ride next few quarters. All anticipated. Other things being equal the year 2020 will see a very much improved performance. But Wingellina is potentially a long life mega project. It needs a major to come in, possibly on a joint venture. Providing the plant. No reason to think the nickel price will escalate in the near term but in the space of a year or two a lot of things can change. Particularly with the battery boom anticipated by the market.
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Last
57.0¢ |
Change
0.025(4.59%) |
Mkt cap ! $505.2M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 58.0¢ | 55.0¢ | $2.022M | 3.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19522 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |