Fellow shareholder in Metalysis, Noble Group, invested in January 2018 ~$11m in Malawi rear earths explorer Mkango. Looking for neodymium and praseodymium for permanent magnets.
https://globenewswire.com/news-rele...ongwe-Hill-Rare-Earths-Project-in-Malawi.html
Noble Group is in serious financial difficulty and has been taken over by bondholders.
https://www.bloomberg.com/news/arti...s-that-losses-for-2017-may-approach-5-billion
Perhaps ILU would be interested in taking up the interest - at a discount of course. The Noble shareholding in Metalysis is probably non-core too.
Yeah, ok, i'm bored tonight.
Ash
Fellow shareholder in Metalysis, Noble Group, invested in...
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Last
$5.71 |
Change
0.225(4.11%) |
Mkt cap ! $2.436B | |||
| Open | High | Low | Value | Volume |
| $5.55 | $5.71 | $5.50 | $11.94M | 2.131M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 12464 | $5.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.71 | 6152 | 14 |
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| Last trade - 13.25pm 12/09/2025 (20 minute delay) ? |
| ILU (ASX) Chart |