MLS 0.00% 2.3¢ metals australia ltd

MLS Andover Covette Lithium potential ., page-202

  1. 12,830 Posts.
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    One of the things I like about this stock apart from the Canadian exposure and this slightly outdated Map is the ' linkages ' ( not just from the nearology of the Map and its partners ) , but also the linkages of the Investors who are behind BOTH SBR and MLS ....as well as RDN

    And the connections go something like this.

    Peak Asset Management ....aka Niv Dagan who has a significant interest in BOTH SBR and MLS. In fact Niv ( via Peak ) just took up another 17 odd million of SBR shares and FREE attaching options at 4.2 cents in SBR's latest raising announced yesterday. So that would be on top of their 24 million they held at 30th June or 8.26% of SBR's register at that time.

    But the connections don't just stop with the Niv Dagan associated 10 BOLIVIANOS PTY LTD , there of course is also the historical strong connection with James John Del Piano who as at 30th June 2023 held over 13 % of MLS and over 16% of SBR when you add in his Conniston Pty Ltd holdings.

    O.K , so then we have a very strong premise for some sort of MLS - SBR tie-up.

    Especially since MLS has the cash and SBR have some additional tenements in this red hot region in the Pilbara.

    And obviously you can see by the Map that the familiar name of Peter Romeo Gianni who is a Director of Mining Equities Pty Ltd and has been linked to numerous companies including RGL who had previously had Tolga Kumova on its register.

    So we also know that Tolga Kumova is a major shareholder of RDN so it will be interesting to see which way Mining Equities were to swing if push came to shove and they wanted to deal for this ' meat in the sandwich ' tenement.

    My guess is he'd take whoever gave him a reasonable offer for cash and script.

    Anyway , happy to be proven incorrect on all this , but have been sitting here ' Silently ' on the register as I always do since recently from 3.3 - 3.4 cents.....sneaky.png , and have even mentioned this stock in ' comparison ' conversations on some of the other forums.

    https://hotcopper.com.au/data/attachments/5743/5743804-232482cc85d8f762b55bf06a5f5ca483.jpg

 
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Last trade - 12.11pm 17/06/2024 (20 minute delay) ?
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