MYL mallee resources limited

I am extremely concerned by the terms of the Hartree offer, page-267

  1. 10,609 Posts.
    lightbulb Created with Sketch. 6079
    It's not JUST 15% it's an extra 20% of the company for being so kind as to lend us money at 15%.

    If we had been able to spend the returning money from Bawdwin on ramping up and not paid outrageous interest for the past period we would probably have a chemlab and know what grade we were putting through the plant.

    Instead, Hartree gets control of MYL if they haven't already effectively had it for some time.
    Last edited by Kalenn: 21/07/23
 
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