MYL 0.00% 70.0¢ mallee resources limited

Ann: Avebury DOCA and Board Roles Update, page-15

  1. 128 Posts.
    lightbulb Created with Sketch. 326
    There seems to be some negative energy floating around about this on the other thread, lets look at the positives ffs,

    1. Up until 2 weeks ago we had sweet FA, given the current mining climate, there was a chance that we were going to struggle to find a decent deal.
    2. The board have clearly been working their backsides off trying to get a deal going.
    3. This is Lamb's bread and butter, Tassie boy, 30 years of experience, he is going to put everything into this, this deal could be career defining and also make him a wealthy man. He has skin in the game and he will be pushing. He's relocating to Tas and will be in the trenches, there's not too many execs that would be willing to do that.
    4. This could be the right project at the right time, Ni price high, hopefully not too much capex required to get it going, most of the hard works been done, it's in an area that needs jobs and mining.
    5. Yes, it's a risk, is it any riskier than Myanmar?
    6. When we halted last year we had a MC around $130 mill I think, there's a chance, albeit a small one that we could relist at the same or a bit higher.

    Onward and upward, there's a lot to play out, a lot more exciting than tenements that need to be explored. Cautiously optimistic and maybe a little excited about what may lay ahead.

    GO YOU GOOD THING.
    Last edited by redsails: 23/02/22
 
watchlist Created with Sketch. Add MYL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.