I think the decision is strategic as SBR's newly appointed CEO is an expert in developing Nickel deposit as stated below.
It's a positive for MLS as we are getting rid of an irrelevant asset to focus on lithium and graphite.
It's a positive for SBR as they have a new CEO with Nickel expertise.
Hopefully we will hear more news about our lithium resource soon, if not Peak Asset Management will pressure the company on our behalf.
Ann: Binding Agreement to Farm-out Nepean South Nickel Project, page-7
Add MLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.4¢ |
Change
-0.002(7.69%) |
Mkt cap ! $17.45M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.4¢ | $10.41K | 430.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 304998 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 199013 | 2 |
View Market Depth
| Last trade - 15.11pm 26/09/2024 (20 minute delay) ? |
| MLS (ASX) Chart |