I was also at the meeting...there was 35 people there brokers,shareholders ,potential shareholders and interested parties.Simon is a one man band ...only part time staff in the office...He has used his knowledge and experience and foresight to get the bauxite mining into production...his presentations are brilliant as the mining operation is simple...everyone can understand it...low risk...no plant..no employees..and he emphasises the compelling nature of the economics...and it is all about logistics...it strikes a note.
He was spending his time walking up and down St Georges Tce visiting brokers...why I said "we have the money to start the mine"...he feels that the story need to get out there...to built shareholder value...he is very focused and has a goal to build MLM into a $100 million company.He is impressive...exciting times ahead.
MLM Price at posting:
6.4¢ Sentiment: Buy Disclosure: Held