Seems like they're parking the cash for Rentails, but considering the rentails scoping study wont be done till 2026, then another 2 years for construction, it certainly seems like a long time to park that much equity rather than utilise it now.
MLX Price at posting:
27.0¢ 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)