MLS 5.26% 2.0¢ metals australia ltd

I assume this has been in discussion for a while for the...

  1. 313 Posts.
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    I assume this has been in discussion for a while for the BOD.....
    picking up more possibles of additional battery related minerals for 120mil shares plus some cash - what's that 20%+ dilution ?
    so on current sp it cost $5mil ish total

    at least it all wasn't cash is the only positive I can see

    spreads us out even more across AU.

    really need to see the overall strategy of the business and forward plans

    we can't just become an accumulating explorer with constant CR and dilution ......if there are no plans to farm out production or develop what we find, where is the value for shareholders ?
 
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