MLX 3.49% 44.5¢ metals x limited

trading halt, page-9

  1. 1,743 Posts.
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    james

    agree it's to do with review of higginsville financials (primarily the "crippling" royalty agreement). I'm a new mlx holder so and just familiarising myself with their gold ops. (I too bought mlx primarily for tin exposure but thought the alacer gold acquisitions seemed like a good deal).

    No doubt they are negotiating the royalty deal with CWE and may have gone into a TH while this process is proceeding. The fact the TH is for a week is interesting. This suggests nothing is currently agreed but an outcome (one way or the other) is expected in coming days. Go hard PC ...
 
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