MLX 1.16% 43.5¢ metals x limited

they also failed to anticipate APAC’s objection. What were they...

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    they also failed to anticipate APAC’s objection. What were they thinking? They backed down so fast it just shows this was poorly thought through- they only have their own skin they care about.

    my bet is their thinking was, if they sell nifty for a song they might get in trouble. If they get the open pit under way, without APAC objection then they’re fine. If APAC object then they concede “under protest”- still can’t be blamed for selling nifty for nothing. These directors are not invested in the co, they’ve been there all of a few months and just care about their personal liability- they are practically liquidators / receivers.
 
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