I would imagine some sort scrip for scrip arrangement whereby we receive x share in newco for every x share held in MLL, less whatever holding is to be allocated to said cornerstone investor.
This is totally theoretical though, I don’t know if any such discussion is taking place, just my speculation for how we may possibly achieve the stated goal of maintaining a sharp individual focus on each asset.
In playing the other side of the coin the statement could simply mean that once DFS comes in Lithium will be totally parked and management won’t make any efforts to extract value from the asset at all until lithium recovers, however I think that would be highly unlikely given the value of the asset, which the DFS will show is quite substantial.
- Forums
- ASX - By Stock
- FFX
- Ann: Mali Lithium to acquire Morila Gold Mine to become producer
Ann: Mali Lithium to acquire Morila Gold Mine to become producer, page-444
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online