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3.4¢ metallica minerals limited

Also Pala are all over the register for Meteor. They certainly...

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19/11/18

21:11

Post #: 36563111
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Originally posted by plough: ↑

"Just ask yourself, if the Monto mine is so good, why is Melior sharing the great profits that are going to come from it? Simple... they are eyeing of the assets of MLM and the CASH. "

Probably also Melior eyeing the ability to get on to the ASX as part of the deal , doing an IPO would have cost them circa $1.25 M to get over the line , and being on the ASX makes ability to get equity easier .

This is a bit like my neighbour who has a broken down tractor and has just bought another broken down tractor , instead of fixing the tractor she already has , instead she keeps coming over and asking to borrow my tractor and mower like this placement the MD is doing with shareholders .

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Also Pala are all over the register for Meteor. They certainly aren't mugs so what's their interest in the company?

MLM Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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