MLX 1.12% 44.0¢ metals x limited

Ann: Paterson Province Indigenous Land Use Agreement, page-11

  1. 1,118 Posts.
    lightbulb Created with Sketch. 65
    yes, agree that everything copper will be sold. IMO they will retain some exposure via scrip.

    problem is forecasted cash balance is low for FY21/22 after renison capital improvements, debt repayment and corporate overheads so I think rather than let growth stall during this period, a raising to vend in a new gold project may eventuate. you don't appoint spreadborough as ceo in March to manage a mature and self-managing tin mine - there must be a development project in the pipeline.

    wingella could also get another look given spreadboroughs links to clq
    Last edited by 043110: 23/11/20
 
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