looks to be one entity representing Mark that is selling (South Australian Resource Investments Pty Ltd). This occurred over several months. I’m not sure of the background and whether this was to cover initial equity invested. Link below.
given the Pty Ltd it may not be Mark’s sole decision to sell.
Anyone have further context?
On a side note - the price does seem range bound. I say this after recently upping my holding prior to this recent sell down. In my simple mind I had assumed like others that someone wanted to keep the price in a range whilst they up their holdings. Assuming that when the drill bit hits in the next few months we will see some action. IMHO.
On the repayment. I’m of the understanding the money has been earmarked. My recent further investment was made on the premise a CR was not required. This was my interpretation only, please do not take it as investment advice.
https://static1.squarespace.com/static/58c0dc77cd0f68722c90237d/t/5ae40c618a922de4676c1d33/1524894825080/Appendix_03Y+-+MLL+27Apr18.pdf
looks to be one entity representing Mark that is selling (South...
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