Nifty costing Metals X a pretty penny

METALS X’s two-month old plan to revitalise the troubled Nifty copper mine in Western Australia will chew through more capital for at least another 4-6 months before production from the Pilbara operation, but the short-term pain will be worth it, managing director Damien Marantelli said this morning.

Nifty costing Metals X a pretty penny Nifty costing Metals X a pretty penny Nifty costing Metals X a pretty penny Nifty costing Metals X a pretty penny Nifty costing Metals X a pretty penny

Nifty.

Speaking at the release of the company's June quarter results this morning, Metals X revealed its cash fell from A$74.3 million to $57.8 million over the quarter even after net cashflow of $4.

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