So there we have it. $880K including the break fee blown on the proposed Melior merger farce!!
Seems like the motivation may have been to take the focus off Urquhart Bauxite where no binding contract was in place to tranship through Hey Point and no other alternatives progressed.
As someone said " sneaky smart but business dumb".
Good riddance to all those previously involved.
Cheers - Surfydad
