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Glenn Norris certainly burned the midnight oil in reading the...

  1. MalcolmD
    632 Posts.
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    27/04/24
    11:13
    Post #: 73535684
    https://hotcopper.com.au/data/attachments/6128/6128793-6ad9ee4d52f71b02b441c304578c819f.jpg
    Glenn Norris certainly burned the midnight oil in reading the 184-page Target Statement put out by Metallica last Wednesday.

    Will ASIC now look closely at Diatreme’s Bidders Statement that was lodged with them?

    Particularly with some of the take-aways from Metallica's Target Statement !

    (1) Independent Expert Report Metallica Minerals Page 5
    https://hotcopper.com.au/data/attachments/6128/6128799-33d7d7a978a4078c25d172006714b897.jpg
    (2) Metallica’s Directors’ Recommendations (and reasons) – Pages 8- 9
    https://hotcopper.com.au/data/attachments/6128/6128802-80ae6b527b32cd8285e9fb792e957e86.jpg
    https://hotcopper.com.au/data/attachments/6128/6128804-dc34eb856302d34ce7365296f779bf48.jpg
    Particularly when the sub-lease between Mitsubishi and Ports North of the wharf (which is publicly available from Qld Titles Offices) outlines the following ownership:
    https://hotcopper.com.au/data/attachments/6128/6128808-820098dc8828aff44d00185a5ef57f9d.jpg

    SOME examples of Diatreme ASX announcements:

    ASX Announcement 21 March 2024 – Diatreme advancesNSP’s, port planning (Page 4)

    https://hotcopper.com.au/data/attachments/6128/6128813-7d276f6017f34e9d50e1c0a3f006bd00.jpg
    ASX Announcement 28 March 2024 – Diatreme Bidder’s Statement (Page 13

    https://hotcopper.com.au/data/attachments/6128/6128821-98c539d5e8e4929ffcb985d4287dfed9.jpg
    ASX Announcement 28 March 2024 – Diatreme Bidder’s Statement (Page 25)

    https://hotcopper.com.au/data/attachments/6128/6128824-14e4cc5bb40b85fa983e74c6ecf97003.jpg





    MLM Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
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