MRL 5.13% 18.5¢ mayur resources limited

Ann: Release from Voluntary Escrow, page-8

  1. 15,013 Posts.
    lightbulb Created with Sketch. 2569
    ADY back to 24c.... as drills hit the ground but before assays.... our 43% stake is circa 13million.

    Means the market is valuing the 3 other fully permitted projects at 30million ? insane.

    If the in specie distro was to occur today for MRL holders would get 6.6c a share, or for a 100k holding in MRL = 6.6k in your back pocket worth of ADY.

    i'm too early and the waiting is boring but i can't fault the math, despite the low volume trading.
    Last edited by blister: 01/04/21
 
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