Malcolm you quote " just a pity (IMO) we don't have a board that is up to the task"
If you read the merger document 8th November page 8 under Benefits to metallica shareholders tick no 3
" Access to Melior's high quality board and management team with track record of delivering value to shareholders" it appears our board share you opinion as they don't state on the other side of the page that our management will be of any benefit to the Melior shareholders.
Jongerd you rightly point out the inaccuracies of tick no 1 "immediate and material increase in value through an attractive premium to recent trading." on the 13th September the date of the merger announcement 3.3 cents to 3.0 cents two days ago - flat if anything a drop in value. The haul road get's the go ahead and 30 % plus and IMO if we didn't have this ridiculous merger hanging over our heads it would be up significantly more. Imagine where we would be at if it had been sorted this time last year.
IMO , I don't see any benefits in those 7 ticks at all.
MLM Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held