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36.8% 2.6¢ labyrinth resources limited

2nd company update - drdgold deal, page-6

  1. steamairship
    393 Posts.
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    07/07/09
    17:02
    Post #: 5365950
    My belief is still, that the coy is not being taken over. It want's to sell its SA assets. It will accept scrip instead of cash. So MLI will have no SA assets but will have a holding in WWI and DRDGold. So we end up with what the market is willing to pay for MLI.

    Cheers
    SA
    MLI Price at posting: 40.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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