1MC should have Fish lake this year, after spending the minimum...

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ProCapitalism

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14/04/25

16:26

Post #: 78684568
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Originally posted by Yowie21: ↑

1MC will delist soon enough save for some sort of SYA lifeline as a part of a transition out of SYA for JB and AB.

No one who thinks the BOD at SYA isn't up to the task should be upset at an 8-person BOD, in fact the more the better as it will dilute the incompetence that has led to SYA having to dilute its holders 100% to go from 75% ownership of NAL to 50% ownership. As LD said at the AGM the PLL offtake deal was that bad that SYA was going nowhere in its current structure, I invite any of the unpaid pro BOD posters to argue how that was a good deal, I am all ears.

Even if it costs SYA $20M to get them on their way it will be money well spent as Elevra moves toward a fairer valuation of 1.5-2B MC once it has an investable BOD.

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1MC should have Fish lake this year, after spending the minimum requirements in order to acquire the project.

MORELLA CORPORATION LIMITED (ASX:1MC) - 1MC Fish Lake Valley (FLV), 78577575, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Why would it delist now? Spend 4 years to acquire the project just to delist?

May as well not spend any money & just spend their cash on wages, if they were going to delist.

SYA Price at posting: 1.7¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 2.1¢		Change -0.001(4.55%)		Mkt cap ! $242.4M

Open	High	Low	Value	Volume
2.1¢	2.3¢	2.1¢	$3.096M	141.3M

Buyers (Bids)

No.	Vol.	Price($)
33	22654024	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	18333	1

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No.	Vol.	Price($)
33	22654024	0.021
55	30539948	0.020
23	11234827	0.019
44	12592311	0.018
42	11258515	0.017

Price($)	Vol.	No.
0.022	18333	1
0.023	8857240	22
0.024	6535792	31
0.025	16739852	52
0.026	7305504	20

Last trade - 16.10pm 30/07/2025 (20 minute delay)

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