What you are saying, Korda sold the mine last year for 230 million, But not settled.
Because of that, they dont want to market it anymore and find for all creditors the
Best possible Price. Yet they say, if you can find a buyer willing to pay a higher price
then we are very happy to hear from you. Off Course it wont get a higher price if
Korda doesnt offer it for sale Publicly now that the PoN is this high and LME stocks is depleting.
They have sold it cheaply last year although they didnt require payments to be settled.???
Amazing Why, maybe they were the buyers themselves. No settlement Money for a year.
If it was sold last year, then they would have told everyone and erased our shares in the register.
They havent, they waited for PoN to go up. Was the condition of settlement when PoN
reach 7.00/lb if not no settlement.
MBN Price at posting:
8.3¢ Sentiment: None Disclosure: Held
