MYL 0.00% 7.0¢ myanmar metals limited

Ann: Chairman's Presentation to Shareholders, page-16

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  1. 7,938 Posts.
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    On the risk topic...while I respect anyone's choice I also think that risk is a little like 'sentiment'. As an investor , you can mitigate risk by having an appropriate level of diversification and by not reading/watching the press

    As a company you can be selective in the local partners you chose, the return to local communities and government, etc. In the case of MYL I think they have chosen extremely well. It was pointed out at the AGM that both local partners are heavy hitters, have influence, employ tens of thousands across the Myanmar economy and are a strategic asset to the Bawdwin operations.

    I also like the fact that Perilya is both on the register at 20% and has signed a 2 year standstill agreement which will allow MYL to continue exploring, completing studies etc to build value before any offer would be likely.
 
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