MLS 4.00% 2.6¢ metals australia ltd

Pilbara Witwatersrand near ARV VXR DEG Discoveries, page-107

  1. 9,150 Posts.
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    I presume noone wants it because MLS has a 30% stake and ARH probably has other assets. You might be right - but the issue is time, This is Palmer, he won't go down fighting and he can drag legal battles for years to be frank. Taking your point they should make IMO a low ball $100,000 offer - as for those tenements MLS is in the box seat because it already owns 30% of them and most companies would want 100%. IMO, but anyway looking forward to Manindi results.

    I have put the Pilbara gold prospects on hold (and suspect market is valuing them at $0 also) whilst ARH hold 70% of it and is in suspension. Zinc (and lets hope Manindi has good copper and cobalt credits as I previously posted) and graphite is what will drive the SP forward at the moment IMO. Pilbara gols is a long way off for MLS until the issues around ARH are resolved one way or the other.

    All IMO
 
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4 1250000 2.4¢
 

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2.6¢ 108482 1
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