I got the announcement emailed to me as I am registered for recieving announcements but I like how they just send you a brief version you need to click on the link to get the whole story .
"Dear MR ---,
Mallee Resources Limited advises that it has entered into agreements with shareholders to provide AUD$3 million of additional equity funding. In addition, the Company has entered into a standstill agreement with Hartree Partners and will receive an additional AUD$1.2 million in respect of concentrate produced and under holding certificate.
I always thought wrongly that JL holding quite a large amount of shares was our safety net if we lose money he does also but seems his salary trumps any shareholdings he has. .
MYL Price at posting:
70.0¢ Sentiment: Hold Disclosure: Held
