With all these delays to a JV, it has has me wondering how the JV with Brazil Invest is going and whether any progress has been made there over 4 months on from the announcement.
No mention of a new JV company name? No mention of required import approvals being received?
The announcement said to "immediately expand MGC Pharma distribution"..... how long does immediate mean?
I think there may be an issue gaining approvals and therefore nothing has proceeded past this initial announcement.
Another soon to hit the 'deal' scrap heap?
MXC Price at posting:
1.7¢ Sentiment: Sell Disclosure: Not Held
