MLX metals x limited
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Why hold, page-9

  1. equityma
    2,185 Posts.
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    27/01/17
    23:52
    Post #: 22182806
    Yes the company did use ore in Rentails and I believe the ore sorter will be used in Rentails Extension and it will be used for futher exploration/developement in Rentails projects.

    Tohttps://en.m.wikipedia.org/wiki/Cobalt_extraction_techniques

    Today, some cobalt is produced specifically from various metallic-lustered ores, for example cToday, some cobalt is produced specifically from various metallic-lustered ores, for example cobaltite (CoAsS), but the main source of the element is as a by-product of copper and nickel mining.

    If you're nickel or copper producer, you can recover some cobalt.
    Mlx has pure cobalt plays as stated in the report and it will get cobalt out of copper and nickel minings so the ore sorter is the best innovative tool.
    MLX Price at posting: 80.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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54.3¢ 		Change
0.008(1.40%) 		Mkt cap ! $478.6M
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