MLX 0.58% 43.3¢ metals x limited

All imo, i now think it is time that the company sells Nifty at...

  1. 420 Posts.
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    All imo, i now think it is time that the company sells Nifty at any price in order to prevent a capital raise and further incompetent spending. This board and the company have been given too many chances. I have emailed the Chairman and have expressed my thoughts concerning this. I would encourage other holders to do the same. I am aware that there are a number of vultures circling the copper asset. They should sell this asset on distressed terms, invest in the tin asset and consider doing a JV with the Nickle asset. Also get rid of a few board members in order to reduce costs in the process. I'm am not sure if the Chairman is fully across the level of mistrust that the shareholders hold of management and the board, and the full potential downside further capital raises might have on the company.
    Last edited by samkeil: 23/12/19
 
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