MLX 1.16% 43.5¢ metals x limited

Ann: Term sheet executed for spin out of nickel assets, page-39

  1. 15,093 Posts.
    lightbulb Created with Sketch. 1305
    The real trick is/was to sell the spinoff at the right price. eg. If you sold Wesgold Resources (WGX) at $2.00. Then bought back in at 80c.
    You'd be laughing. That was behind my comment above. The split of Ni from the Sn, means I can make my own asset allocation decision and can't blame others.

    All IMVHO.

    BTW I only got half the perfect path above right and I'm not saying which half. Nevertheless I'm still here (and blowing kisses to everyone - now I've put you all off !).
    Last edited by arsenic: Please don't say KMA - Kiss My A_ _ _. 27/05/21
 
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