TAM Investment Research- re MLX investment., page-18

Just be careful with the liquidity of Tanami, as it is rarely traded, with APAC owning 45% of SOO. ( not including nominees) .

You could buy the top 5 sell lines today for 100 grand, but getting out might take forever.
Friday saw $43 worth of trades...


What IS interesting is that ol' mate Mark Creasy has his paws in the register.

I think this company is simply waiting for a takeover by one of the senior goldies, and could sit at .035 forever, until any move is looked at.

if scrip was offered by one of these seniors for a takeover ( which Creasy seems to like), then APAC can get a substantial into a more active producer, with the use of shareholders funds (again)to keep them liquid, in effect, moving half the risk away to retail investors.

Bretty S too, is on the board..
Again, a possible intelligent investment strategy, by the APAC board, in order to utilise someone else's capital to dilute their risk.

Interesting play though, and any weakness dips could be a bit of fun, without utilising larger amounts of capital, and returns to the mean price could be relatively fast.

SRZ , Elementos, Tam, etc.
Good, cheap fun, but their current SP's make MLX look even more stupidly cheap.

Clearly, however, sophs see the levels of elevated risk, when trying to move in and out of such illiquid companies.. ( except Nero perhaps, which seems to factor in the risk with Stella ).

Great post though, thanks mate!