The Barclays loan has fallen over so they will need to raise $20 million through a capital raising.
OR
SG are suppressing the share price with their 5% in order for MLX to climb the register and pick up the weak hands before launching a takeover. There has been some good volume so a new substantial holding announcement should be announced soon.
The department of mines has to announce the environmental approvals in the next week or so , so all will be revealed ( I hope )
NMT Price at posting:
17.0¢ Sentiment: LT Buy Disclosure: Held
