Ann: Central Tanami Project, page-58

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. 4,929 Posts.
    Champ, contract details are never ever disclosed to the market. these are confidential.

    Just so everyone is clear, material facts such as JV, CR exceeding pre approved limits, etc need SH approval. SH really ratify the deal and have the opportunity to question etc.

    What you are speaking of is the curcumstances, if the contract just reflects aspirational items then silly fools MLX but I doubt it, this would mean that the announcements released are misleading and deceptive. Nonethess TAM made the announcement by the way about JV and quoted terms "binding'

    by the way I am a SH of MLX, I don't have a view, as a SH I entrust the BOD and Mgmt to deal with matters such as this and whatever the outcome is, the BOD needs to be comfortable that they have followed due process and advice. It is what it is.

    I am not so much worried about NST making a higher bid, good on them. they need to look after their sh's too. The fact of the matter is there was a prior agreement, was there not. That's what the dispute is about, not that someone has bid or SH being emotional and each BOD needs to act responsibly during the course of their tenure. We'll soon find out what the case may be. I hope for TAM's sake as this could drag on if MLX does have a case. Could you imagine the upside of the NST deal being squandered by court hearings and delays in forming joint ventures. As I said before time is on MLX side, do they really need to worry about sending letters backwards and forwards, delayed court hearings, etc. Someone needs to do their numbers IMHO, if there is a case for MLX.
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
40.5¢
Change
0.005(1.25%)
Mkt cap ! $398.7M
Open High Low Value Volume
40.0¢ 41.0¢ 39.5¢ $784.4K 1.951M

Buyers (Bids)

No. Vol. Price($)
3 44650 40.5¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 147646 5
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.