I respect you @crabbe21 and have liked your posts in the past. However I disagree.
We all knew from the pfs that cash would be required to fulfill MLMs part in getting production started. Whichever way that cash is raised it goes to production, which means revenue!
The way the board has chosen is a reward to us existing holders, as the fundamentals haven't changed. Soon MLM will be a profitable miner, with a side project costing little in SCONI; which I believe is nothing but a win/win situation for MLM. Cash will be in the bank which could go to establishing new projects.
Yes there will be dilution which will take the market a little while to absorb, however IMO the fundamentals will overtake it and we will experience growth and increasing SP for some time.
I believe us LT holders should see the benefits in this.
As always DYOR and don't just take my word for it!
I respect you @crabbe21 and have liked your posts in the past....
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MLM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.63M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| MLM (ASX) Chart |
Day chart unavailable