re: trading halt over? Do you think MIL are having a go at someone here, read below..
"The SAMAG project has received no public encouragement or acknowledgement from Mr de Crespigny. Mr de Crespigny has previously been an advocate of the Australian Magnesium project which was owned by Normandy Mining, of which he was the Executive Chairman and substantial shareholder. Given that the Australian Magnesium project could be a competitor to SAMAG, anyone who is or was associated with that project could be seen to have a conflict of interest in relation to any comments regarding SAMAG."
"The SAMAG project will establish a fixed price contract for the construction of the smelter, along with allowances for additional funding in case there are unforseen problems, prior to financial close. MIL will not proceed to financial close until a fixed price construction contract is in place."
I suppose these guys have learn't from ANM..
They really know how to rub it in. Feel those Flames..
Happy Trading.
ANM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
