MLM 4.76% 2.2¢ metallica minerals limited

Ann: DRX: MLM takeover offer - second supplementary bidder's stmt, page-10

  1. 633 Posts.
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    Sure we get pissed off, but lets compare Theo's wage to Greg's, $250K to $800K and look at what each has achieved and whos leading the pack.

    The reason DRX (Greg's) want to takeover MLM is because MLM (Theo's) has the export solution that DRX doesn't have. MLM is 2-2 1/2 years away from shipping whereas DRX are 5 years away from exporting from the existing jetty (Despite what they say in there bidders statement and other announcements)

    DRX need MLM's export solution. It's as simple as that.

    I've been a holder since the graphite days and fought to kick the previous board out and install the current management. If that hadn't happened, there would be no MLM as the merger proposed with Melior would have met with bankruptcy.



    Last edited by MalcolmD: 23/04/24
 
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