Today MLX has bought a quarter of First Tin from Clara Resources. The company we vended The Taronga Tin assets into. https://announcements.asx.com.au/asxpdf/20240711/pdf/065hlnz0flkjc5.pdf There's more on First Tin's website.
MLX gets to nominate 2 directors: their own CEO and Chairman. Thus Nick Mather steps down from that board. He's still on. Clara Resources Board.
I don't know if people recall my interest and long-term holding in MLX but I think it is a good strategic move for both companies. I wouldn't presume to comment on the executive's moves but some may be happy. I would assume Mr Mather would have more time for DGR.
All IMVHO
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