I suspect that the intent of the merger with Melior, was to use MLM cash to support the Murgon mine and over the next two years do exactly what the new board is now looking to do with Urquhart and built alternate loading facilities. With us MLM shareholder being diluted out of the equation and the majority shareholders of the new merged company ensuring that all contracts, profits when to their affiliates. Whilst at the same time Simon being able to cover up his incompetence over the last 2-3 years.
MLM Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held