MYL 0.00% 7.0¢ myanmar metals limited

Ann: MYL Secures Major Myanmar Industrial to Invest in Bawdwin, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,518 Posts.
    lightbulb Created with Sketch. 32
    This seems to be the case. Just thinking out loud and seeking advice. I’m very confident they will fund their share of the option exercise price. Once they exercise the option they will own 51% of the project. Say there is a couple of billion $ worth of in situ resources at Bawdwin. What does the potential rerate price of MYL become once the option is exercised? If I’m talking out of my hat let me know but seems to me at 5c this is an outstanding buy if you believe the JORC will be good and option is exercised.
 
watchlist Created with Sketch. Add MYL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.