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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