Australia's largest stock trading and investment forum Australia's #1 stock forum

MYL

Click for more information

0.00%

70.0¢ mallee resources limited

Cheers Kalenn, that gives more clarity.

First 59 Last

Share
Profile

Follow
Gadsby41

123 Posts.

4

10/08/22

19:50

Post #: 63040878
Share

Originally posted by Kalenn: ↑

They wont spend it if there is no commercial reason to spend it.

Re the offtake deal, I understand what you are getting at and u r correct but that cuts both ways. If Hartree get less than LME they wear it, if they get more they profit. This is typical of all offtake deals as far as I am aware.

Do keep in mind that Hartree are also a shareholder in MYL, they have a director on the board and that means they have to deal in an appropriate manner, not that I'm suggesting they wouldn't anyway.

If we don't get 300 we forgo the CR but we still own Avebury. What that would all look like is a bit of a guessing game at the moment. Simpler to get 300 to participate

Expand

Cheers Kalenn, that gives more clarity.

MYL Price at posting: 70.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 96 more messages in this thread...

First 59 Last

Add MYL (ASX) to my watchlist