MLX 1.20% 42.0¢ metals x limited

Sorry Frank but you're reading too much into that sentence - the...

  1. 10,479 Posts.
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    Sorry Frank but you're reading too much into that sentence - the lender would only get the amount owed as the maximum amount - Our share of Renison Tin is not going to be sold(unless things go completely pear-shaped) and those two Bluestone subsidiaries hold our 50% interest in Renison. Even if the copper assets are sold for $1(which is still possible due to the substantial Nifty rehabilitation liability) then they would then do a capital raising to repay the loan and still own 50% of Renison Tin.
 
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