MLX 3.93% 42.8¢ metals x limited

Ann: Paterson Province Indigenous Land Use Agreement, page-11

  1. 1,118 Posts.
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    yes, agree that everything copper will be sold. IMO they will retain some exposure via scrip.

    problem is forecasted cash balance is low for FY21/22 after renison capital improvements, debt repayment and corporate overheads so I think rather than let growth stall during this period, a raising to vend in a new gold project may eventuate. you don't appoint spreadborough as ceo in March to manage a mature and self-managing tin mine - there must be a development project in the pipeline.

    wingella could also get another look given spreadboroughs links to clq
    Last edited by 043110: 23/11/20
 
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