MYL 0.00% 70.0¢ mallee resources limited

Ann: Capital Raising and Project Update, page-64

  1. 10,592 Posts.
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    Some would argue that is an intelligent response. Do your bit to make sure we get listed then add if they drop.

    It will be interesting to see how it plays out over the period from hoped for re-list till first quarterly results and production forecasts.
    There could be players large and small contesting for the limited stock. If nickel price cooperates as well the FOMO could get exciting for the holders.

    On my numbers, even the minimum uptake will result in at least A$30M pre tax profit in the first full year which will in turn lead to plenty of funds to ramp up production and exploration.
 
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