Seems to me I'm invested in a smokescreen lol
MLX like their JVs (see Renison tin 50/50 with Chinese)
I'm expecting MLX to JV with RDR. Ore to be processed through Bluebird mill at Meeka. Bluebird has 3mtpa capacity. RDR only have approx 1.5mtpa. CMGP 1.2-1.5mtpa should plug the gap up to nameplate capacity
MLX 5% substantial holding could be strategy to gain RDR board seat to keep everything in check. RDR chief Luke Tonkin common denominator. Ex MGX chief. APAC own large chunks (20%+) of both MGX and MLX. So APAC could be the driver behind all this
All IMO but what does that really count for?
Cheers
Seems to me I'm invested in a smokescreen lolMLX like their JVs...
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