SL1 0.00% 0.0¢ symbol mining limited

Ann: Update from Administrators, page-14

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  1. 839 Posts.
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    I don't think Noble looking for an exit strategy. On the contrary, I think they want to take control of the mine.

    They need the Zinc and they have invested a lot. Looks like though they aren't happy with the management.

    IMO, this could be a strategical move to get it cheaper. If this didn't go administration, they would have had to pay a premium.

    Interesting to see how they will work this out and at what cost to the SH.
 
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