MLX 2.50% 41.0¢ metals x limited

Ann: Close of Less than a Marketable Parcel Share Sale Facility, page-43

  1. 263 Posts.
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    Interest on good cash producing assets is relatively cheap and tax deductible so some gearing within the tin operation would be appropriate. Lets hope the copper division can sell for enough to extinguish all debts and liabilities relating to that division, it is a sellers market atm in the mining industry and copper in particular is booming. Patterson's Range leases are highly sought after. This long wait may indicate some favourable - to us - argy bargy going on.
 
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