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70.0¢ mallee resources limited

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128 Posts.

70

09/07/19

16:59

Post #: 39442560
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Originally posted by city1866: ↑

All governments have sovereign risk, think pink bats and mining taxes as an example. I think the only way value will be crystallized is via a takeover. When? You would assume Perliya has inside knowledge and would bid at a choke point before value increases again due to techinal or commissioning risk dropping.

but then Mr Creasey wouldn't sell at a sub value level. So any bid would see Perliya starting any bid at 40%.

summary - ask Mr Creasey what he would sell at

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I take your point nothing is certain no matter where you might mine, but 'pink bats'? Not sure they stopped too many people investing in mining.
I hope you and HD are right and we can prompt a TO with some impressive finds, in the very near future.

MYL Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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