MLM metallica minerals limited
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MLM sells half for $7.5m

  1. m0ngy
    10,075 Posts.
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    02/08/14
    20:21
    Post #: 13760012
    Why would the company sell 50% to the Chinese investor company for just $7.5 m? And that's only if the prospect pans out well. The investor can opt to take $500,000 in shares at about half the market value. Can someone explain how this is a good deal for shareholders.
    MLM Price at posting: 9.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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