MLM 6.06% 3.5¢ metallica minerals limited

Sconi sold - a good job by Management!!

  1. 30 Posts.
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    Now Mates,


    now the cat is out of the bag!


    The realization of the Sconi project costs 974 mio AUD!


    And then you talk about it, that it would have been better to keep this project and that MLR is only keen on the money of MLM, although it comes exclusively from the sale of the Sconi project!


    As a MLM (and MLR) shareholder, I can state that the best decision of the management was to sell Sconi and to participate in the development and realization of the project with 16 million shares in addition to a good amount of cash, without having to bear the cost risk.


    really ingenious!


    If this has already been realized in such a well thought-out way, how ingenious is the merger with MLR? 


    https://hotcopper.com.au/data/attachments/1360/1360902-baadeadce1c84fd7f19a1752fee92516.jpg


    Sconi BFS by AUZ


 
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