The old Pareto principal at play here.
Del Piano is handed exactly 20% of MLS in exchange for 80% of three unexplored leases.
Sitting on the 20% threshold he basically gets effective control of all assets including $19m cash, two JORC projects, lithium project and others including a share of the new 80% acquisition by virtue of his holding in MLS.
Ann: Becoming a substantial holder, page-26
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Mkt cap ! $15.56M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.0¢ | $5.665K | 269.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 57275 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 2.2¢ | 87586 | 2 |
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| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 2.0¢ | 2.2¢ | 2.0¢ | 245609 | ||
| Last updated 15.11pm 13/06/2024 ? | |||||
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