Fellow shareholder in Metalysis, Noble Group, invested in January 2018 ~$11m in Malawi rear earths explorer Mkango. Looking for neodymium and praseodymium for permanent magnets.
https://globenewswire.com/news-rele...ongwe-Hill-Rare-Earths-Project-in-Malawi.html
Noble Group is in serious financial difficulty and has been taken over by bondholders.
https://www.bloomberg.com/news/arti...s-that-losses-for-2017-may-approach-5-billion
Perhaps ILU would be interested in taking up the interest - at a discount of course. The Noble shareholding in Metalysis is probably non-core too.
Yeah, ok, i'm bored tonight.
Ash
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Last
$5.48 |
Change
-0.070(1.26%) |
Mkt cap ! $2.354B | |||
| Open | High | Low | Value | Volume |
| $5.46 | $5.62 | $5.39 | $33.77M | 6.173M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36000 | $5.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.48 | 53786 | 6 |
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| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| ILU (ASX) Chart |