So now:
Metals X (MLX) has about $55mill in the bank (about 64mill shares tradsd on 1st of November in MLX!)
WGR needs cash.
MLX can buy out the WGR stake which the same people control anyway so 20% of ~55 market cap is $11 mill. WGR can fund Rover, MLX has AAG as an effective subsidiary and same people control the company. Would they need to take over AAG or could it still operate independently?
market cap, shareprice etc, page-6
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