MYL 0.00% 7.0¢ myanmar metals limited

I note the Drs concerns about the Chinese co's power ironically...

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. 1,193 Posts.
    lightbulb Created with Sketch. 169
    I note the Drs concerns about the Chinese co's power ironically it's the Australian co. they took over.

    But I think this is the great outcome for what is a mega dilution event. I think there's little doubt there's a lot of confidence Bawdwin will be mined again.

    The key Line being

    "Perilya has provided MYL with a non-binding Letter of Support to assist in
    arranging finance of up to US$150 million for the future construction of the Bawdwin project."

    I like this too...

    "The Alliance includes provisions for MYL to gain technical assistance, future financial support and assistance with procurement, processing and metals marketing from Perilya and its parent Zhongjin Lingnan."

    Glad Creasy is increasing his stake.
 
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.