Australia's largest stock trading and investment forum Australia's #1 stock forum

MYL

Click for more information

0.00%

7.0¢ myanmar metals limited

Ann: Change of Director's Interest Notice * 3, page-25

First 25 Last

Share
Profile

Follow
philh9

8,734 Posts.

220

15/10/18

13:35

Post #: 36126215
Share

Originally posted by Kalenn ↑

City,

I think it's VERY much in their interest to play nice.

Last time the military government took this project over they screwed it up big time. This time they just have a production agreement/taxes/royalties which are substantial and let the professional run the show. Then there is the China input via Perilya to keep ythe Myanmar govt focused on the end goal.

Yes, anything can fail, BHP and RIO have made a few very big boo boos in their day, but from where I stand and based on what I know I see the country risk as very modest. Management have set this up to be a win win for all stake holders.

Expand

Hi @Kalenn

Still keep a watch on this one, it has hit lower historical support, I would expect it to move back to resistance 6.5 and hopefully for holders beyond.

Cheers
Phil.

MYL Price at posting: 5.3¢ Sentiment: Hold Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 5 more messages in this thread...

First 25 Last

Add MYL (ASX) to my watchlist