Also, I feel the way things are going in China, especially Yunnan. MLX's cash may come in handy in having to negotiate some enterprise-level at Renison (as opposed to stock i.e. MLX) deal in moving forward on their plans. I'm not certain how it will be arranged but I see being done it at RXM where they are selling a JV in Hillside (not RXM) to get equity for the loan to get their project running.
I clearly understand it their case. Just not sure how the Bluestone agreement is put together. I stand correction of off beam/base.
All IMVHO.
MLX Price at posting:
30.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)