Brenden
"If Wingellina cant make a go of their project due to high sulphur costs then most other Laterite producers will be long gone ,as their relative costs will be much higher."
In response the big difference in this scenario is that MLX need to find 1.5 billion before they start producing. Mind you it doesn't matter to me as I will probably buy in a couple of weeks primarily for the tin production.
You are right though that demand and prices for nickel and sulphur will need to be forecasted not for now but in 2012. All will no doubt be revealed when the feasability study is released (I also don't think its good news when it has been delayed).
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Last
64.5¢ |
Change
-0.005(0.77%) |
Mkt cap ! $571.7M | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 65.0¢ | 62.0¢ | $1.536M | 2.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 26194 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 41997 | 1 |
View Market Depth
| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |