I doubt that this is accurate MRX is Brown toast. But if this news is true, I would have to say this is yet another disgraceful and immoral act by the values and liquidators of MRX. They sold the Leichardt project for near half its capital value ignoring the unrealized wealth and enormous potential underground resources. Then now they are letting the company float, to trade in what and with what exactly.
This is like bringing a Cow to the slaughter house slit its neck and letting go out again saying may be it will survive. So when it falls again they have the first bite at it again draining every cent in their own pocket and not to share holders.
They are vulchers.
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