Ann: Quarterly Activities Report, page-69

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09/08/19

06:46

Post #: 39935179
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Originally posted by Gwaihir: ↑

I can't believe this ever reached sub 20 cents.

The directors are completely responsible for killing this stock, and should be sacked.
I hope they haven't been granted any performance bonuses, it's bad enough that they draw an excessive salary.

I spoke with a broker and fund manager when it got below 50 cents, and they were buying in, which shows how much they knew.

Tin will do well in the coming years.

Nifty has been their demise, which says something about the decision making ability of this management.

They should now spin-out the Nifty project by creating another company and awarding (long suffering) shareholders some free shares in that company.

If these directors had any intelligence at all, this is what they would do, instead of hanging in here with this like a bunch of losers. The hallmark of good directors is what they do in difficult circumstances, and these guys have shown themselves to be jokes.

What do international hedge funds do with distressed assets in order to make money, they split them into their individual parts and play to the strengths of each part - it's a simple solution that these "muppets" don't seem to understand at all.

I would invest here, for the Tin, but only after there is a clean-out of their incompetent directors, and a decision to spin-out Nifty into a separate vehicle.

Shareholders need some common sense decision making here, and some clear thinking directors with some basic business experience.

This was over $1.70 - now it's 19 cents.

Muppets.

Gw

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Gw,
Looks like they intend betting the company on Nifty. Nifty has been destroying wealth for decades. However, given its alleged endowment, someone may crack the code one day. Will it be MLX? Give them to Christmas.

LoC

MLX Price at posting: 19.5¢ Sentiment: None Disclosure: Not Held
7 Upvote

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(20min delay)
Last 60.5¢		Change 0.005(0.83%)		Mkt cap ! $536.2M

Open	High	Low	Value	Volume
60.0¢	61.0¢	59.8¢	$1.067M	1.771M

Buyers (Bids)

No.	Vol.	Price($)
1	16800	60.0¢

Sellers (Offers)

Price($)	Vol.	No.
61.0¢	13011	2

View Market Depth

No.	Vol.	Price($)
1	7000	0.595
4	31256	0.585
5	29241	0.580
3	260000	0.575
4	127470	0.570

Price($)	Vol.	No.
0.610	13011	2
0.615	35000	2
0.620	111118	3
0.625	90000	3
0.630	139500	3

Last trade - 16.10pm 07/08/2025 (20 minute delay)

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Ann: Quarterly Activities Report, page-69

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Ann: Quarterly Activities Report, page-69

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