MNE 5.26% 3.6¢ metallum limited

Ann: Suspension, page-38

  1. 839 Posts.
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    KK.. I have to disagree with you in that point. We have assets ( the mines ) but maybe no money to do anything. But re4member, it was only a couple of months ago we were producing ( albeit at a loss ) because the techniques we may have used were expensive. There could be someone who has the money to invest and realise higher value to these assets…

    It could be like we have an old home in a good parcel of land in the CBD. We have no money, no job and not able to pay our mortgages. But that doesn’t mean the land is value-less. A Chinese investor with significant cash can change the whole picture…

    All IMO… DYOR…
 
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