MLS 0.00% 1.9¢ metals australia ltd

5th july

  1. 1,387 Posts.
    5th july is the appeal date,

    can the high court make the moral decision, over the technical one.

    My understanding by reading these threads back when, and research, is that the technicality was that this chap had signed his tenaments to his company then not incorporated, an legally unable to take ownership of, or on sell to MLS.

    Will the high court say, that the intend was clear as day, and he wanted them signed to MLS, so whats the problem?

    My bet is that at 5m mc, its well worth the risk that they can pull it off.

    Have bought a parcel at .008,

    would seem the downside, with the other assets, and 3.5m cash backing cant be too much lower than 5m mc, but the upside could be 5x in 3 weeks.
 
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