MMX 0.00% 4.7¢ murchison metals ltd

what is the benefit, page-8

  1. 8,724 Posts.
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    raving1, the asset/cash play doesn't look so crash hot in the context of stated strategy

    "The Board has determined the amount of the Capital Return so as to leave the Company with sufficient funds to cover expected employee entitlements, corporate costs and contingent liabilities until the Company is wound up. The Board expects to seek approval to make a second distribution of any surplus funds to Shareholders at the time that Shareholders are asked to consider the winding up of the Company."



 
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Currently unlisted public company.

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