possible management buyout, page-2

HI Robert,

I am inclined to think that the company that they are to merge with (as has already been stated by the company) is possibly a private company and is not publicly listed....Is that a possibility??

I wouldnt see any advantages with them delisting the company, but see it as more advantageous to remain listed. They have stated that the merger will be beneficial to shareholders so you would expect synergies between MLI and the proposed merger company, would you not??

I would also suspect another capital raising to fast track the benefits of the merger.(some benefits have already been presented)

I believe some members of hotcopper have been searching for possible merger candidates and if they were so easy to search for and discover the whole negotiations could be jepordised, so i think those searching are looking in the wrong places...

If this is a good deal for shareholders it makes sense to remain suspended until such a time that negotiations are complete..
I for one am looking forward to the deal as they have stated that it will be of benefit to shareholders.

Their last anncmt reads, This will result in MLI substantially increasing its asset base, gold production and profitability and so it goes on.....

Wouldnt you be concerned if they said they were DECREASING their ASSET base, gold production and profitability??

Cheers and good luck to all who hold.....
time will reveal all...