"Investor sources said during pricing talks, CEO Mick Mullen had made it clear he doesn't see Metal Acquisition Limited as a single-asset company, betting its fate on CSA copper mine, which has a six-year mine life to 2029 at current measures. While he stopped short of revealing its pipeline, fund managers were pointing to listed miner Aurelia Metals Limited as a potential target."
Note: Metals Acquisition Limited (MAC) is seeking to raise A$300 million for ASX debut.
MAC lodged a prospectus with the Australian Securities and Investments Commission (on 26 January 2024) to undertake an initial public offering in Australia of CHESS depository interests and to seek a dual listing on the ASX. See link below:
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
AMI Price at posting:
9.9¢ Sentiment: None Disclosure: Not Held
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