MLi is never for the faint hearted. It is not your traditional mining company, it is mining the tailings, the residue that is left behind after traditional mining. It is low grade but the tonnage makes it feasible. It is part of the environmental clean up process so is subject to a number of government restrictions and supervisions, which hinder the process. It is an extremely high risk play but if successful can be rewarding. Looks like MLI does not have the financial strength to satisfy all the government requirements. In its predicament, predators will pounce - that is the law of the jungle. But, then the show is not over until the fat lady sings.
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