I agree 100%.
The silicon, and in fact the entire minerals division, is a separate business. There is no doubt that the company is planning to spin off these resources at a latter date to unlock the value of these resources.
The article is interesting and I will be asking the Directors at the AGM if they are confident of signing deals, especially as they are now attempting to acquire other silica resources to increase their supply potential and to strengthen the case for a silicon smelter in Tasmania.
This project is a massive project, and it is clearly going to be spun off into another company by MHM.
The question that I have is if this is viable in the short term.
MHM as a company has an amazing risk / return profile, I am a long term holder and believe that we have not seen anything yet!
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I agree 100%.The silicon, and in fact the entire minerals...
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