MYL 0.00% 70.0¢ mallee resources limited

Yes, things are very much 'uncertain' at this point so a sale...

  1. 10,591 Posts.
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    Yes, things are very much 'uncertain' at this point so a sale and move on seems one sensible strategy.

    There will be Asian companies that will jump at this, and even if they get a bargain we should still do OK.
    I can think of one off the top of my head that is already in Burma and in partnership with the military. Not saying they are buying, just saying the fact that the military is again running the show would not phase them. I'd also keep in mind that China already owns approximately 25% of MYL stock...they will likely want a return on that money and they paid 6c.

    All conjecture for now but the next few months could get interesting.

    (PS I want more than 5c for one of the best projects on the planet a few hundred Kms from the Chinese smelters)
 
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