MLM metallica minerals limited
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Seems to be a hint in the letter that they will not be focused...

  1. CaptainBarnacles
    11,625 Posts.
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    29/11/12
    09:35
    Post #: 11123037
    Seems to be a hint in the letter that they will not be focused on Gippsland, in the outlook. I think money is too difficult to come by to be handing over $8m. Also, if I'm not mistaken, mineral sands don't have the same shiny outlook that they had when that option was written, based on the SP of ILU since then.

    Seems sensible to me!

    MLM Price at posting: 19.7¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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