The terms of the proposed acquisition were laid out to the market. Clear as daylight. And how good were they? Very generous in my opinion.
Congratulations to management for walking away. I am extremely happy they did not bother changing the terms closer to acquisition time.
On an introspective basis, the project did not excite the market. 4 recent ASX announcements re - mineral sands projects plus lots of information going forward.
Pages and pages of detail on these heavy mineral sands in Mozambique - and the market just yawned.
Looking forward to another project acquisition that is better and more beneficial to shareholders.
MRQ Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
