MLI will stay MLI,no deal withDurban Deeps (DRD)
New deposit expected to be a lot richer and HEAP leach,at least twice as profitable of existing operation.
New capital will be at a significant premium and a very surprising $ amt...sufficient to fasttrack stage 2.
I repeat again MLI will relist in excess of 30c and become a proxy on the gold price for overseas investors similar to LHG....remember we have a company with at least 20years resource...
Full documentation could take another 3 weeks and a EGM needed to approve it all....be patient
forget the merger talks
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