MLS 5.00% 1.9¢ metals australia ltd

Ann: Trading Halt, page-62

  1. 5,173 Posts.
    lightbulb Created with Sketch. 3788
    I think they might spin out their Canadian assets into a separate company, and this will be associated with a capital raising for the new company and a listing on the TSX, backed by some Canadian finance and funds, with the new CEO being the new MD/CEO of the new company, and MLS holding 20% of the shares in the new company and a production royalty.

    It's a wild guess.

    Gw
 
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