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Hartleys a ‘buy’ on Metals X

Hartleys Research has a “buy” on Metals X and a 12-month price target of $2.04 a share.

Elise ShawMarkets Online Editor
Updated

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Hartleys Research has a “buy" on Metals X (MLX) and a 12-month price target of $2.04 a share.

“Metals X recently announced its revised feasibility study for the Central Murchison Gold Project (CMGP). The study confirmed a 13 year mine-life operation producing at about 200kozpa and total cash costs of $1060 an ounce and AISC of $1180 an ounce.

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Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.

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    Original URL: https://www.afr.com/markets/equity-markets/hartleys-a-buy-on-metals-x-20150206-137i3u