MZN 0.00% 8.0¢ marindi metals limited

Hey Wack, I have mixed feelings about the deal. It obviously is...

  1. 522 Posts.
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    Hey Wack,

    I have mixed feelings about the deal. It obviously is not as horrible as the Arrow and IPT deals, but not as good as I had hoped for. It seems likely to me that MZN was given the choice: a PAC takeover, or a PAC deal, and MZN chose the latter. I dont have any proof for this yet though, so it is all speculation.

    What I do know is that MZN still has 100s of km2 potential conglomerate gold and about 60km strike down south at their Newman project, but the quality of these tenements is still unknown. They might have Mt Roe under their Hardey popping out at various spots.

    https://www.asx.com.au/asxpdf/20171031/pdf/43ns267dnk4ynb.pdf
 
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