I see in recent weeks CFE our corner stone investor completed a A$135M sale of their Lady Annie Project in Queensland to China Sci-Tech Holdings Limited.
A recent announcement detailed how the money would be spent ...... including using it to fund "other investment opportunities"
I wonder if any of that money will be coming MHL's way?
Maybe in a JV in Kyrgyzstan?
Considering ..... "We are pleased to have secured such a strong cornerstone investor in Cape Lambert Resources, a company we feel can greatly assist Monitor in its significant growth plans moving forward," Mr Roestenburg added....... in a recent announcement.
Otherwise why are they wasting their time buying shares in this dog???
MHL Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
