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8.33% 2.6¢ metals australia ltd

I think the decision is strategic as SBR's newly appointed CEO...

  1. Babysaurus
    120 Posts.
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    13/12/21
    15:23
    Post #: 58259619
    I think the decision is strategic as SBR's newly appointed CEO is an expert in developing Nickel deposit as stated below.
    It's a positive for MLS as we are getting rid of an irrelevant asset to focus on lithium and graphite.
    It's a positive for SBR as they have a new CEO with Nickel expertise.
    Hopefully we will hear more news about our lithium resource soon, if not Peak Asset Management will pressure the company on our behalf.
    https://hotcopper.com.au/data/attachments/3889/3889174-a1c24324aa9a82efee1ec5632032a022.jpg

    https://hotcopper.com.au/data/attachments/3889/3889176-191582ce45c0b72452da2bcf0d078f2e.jpg

    MLS Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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