Please see the following link on page 2: http://www.capelam.com.au/IRM/Company/ShowPage.aspx?CPID=2153&EID=63171124&PageName=Asset%20Incubation%20in%20Africa%20&%20Beyond%20-%20Patersons
Noting that Cape Lambert has a 9.1% shareholding in MHL. Mr Tony Sage is the Executive Chairman of Cape Lambert Resources Ltd CFE.
This somehow gives me a big confidence that there is some unlocked value in this company as Cape Lambert is very well known for investing strategically, identifying early stage resource opportunities, developing and unlocking value out of the companies it invests in. Mr Tony Sage is also known for his attributable business investment skills.
Anyone has any thoughts on this?
MHL Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held