Yes, things are very much 'uncertain' at this point so a sale and move on seems one sensible strategy.
There will be Asian companies that will jump at this, and even if they get a bargain we should still do OK.
I can think of one off the top of my head that is already in Burma and in partnership with the military. Not saying they are buying, just saying the fact that the military is again running the show would not phase them. I'd also keep in mind that China already owns approximately 25% of MYL stock...they will likely want a return on that money and they paid 6c.
All conjecture for now but the next few months could get interesting.
(PS I want more than 5c for one of the best projects on the planet a few hundred Kms from the Chinese smelters)
- Forums
- ASX - By Stock
- MYL
- Ann: Corporate Update
Ann: Corporate Update, page-19
-
- There are more pages in this discussion • 110 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 MYL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online