CBX - Presentaton/Run down
http://stocknessmonster.com/news-ite...E=ASX&N=231825
The MLM distribution will hopefully boost the liquidity
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CBX - Presentaton/Run down
http://stocknessmonster.com/news-ite...E=ASX&N=231825
The MLM distribution will hopefully boost the liquidity
MLM - Presentation
http://stocknessmonster.com/news-ite...E=ASX&N=231892
Nice to see they are trying to promote the Nornico project, ok Scandium isnt exactly a well known base metal, but 400kt/Ni & 42kt/Co is a decent size project !
Negative EV & with 100% owned projects with near term production potential, are why i really like the MLM story ;)
MLM - Ann re CBX for you bauxite fans out there
http://stocknessmonster.com/news-ite...E=ASX&N=231981
Not only will buying MLM entitle you to free CBX shares, they are giving CBX shareholders preferential treatment for the capital raising
shasta,thanks for the update,as I missed the announcement.Bit like Suzanne Paul;"but wait there's more."!!!!!
MLM - NTA Update
MLM @ $0.315 = MCap $36.8m
Cash est @ $4m
Listed Investments:
MTE @ 49c = $39.2m
CBX @ 30.5c = $11.8m
PMQ @ 11c = $5.0m
ORM @ 22c = $2.6m
Total LI = $58.6m
NTA = 54c (largely due to MTE's run 41 - 49c this week)
Discount to NTA = 41%
No allowance made for the 100% owned MLM projects, including the very interesting & decent sized, Nickel, Cobalt & Scandium "Nornico" project
I see MLM has provided an update today, but has taken into a/c the CBX distribution, whereas i havent as yet
I will make the adjustment in this Fridays update
I received my CBX shares today.
MLM - NTA Update as 27/5/11
MLM @ $0.315 = MCap $36.8m
Cash est @ $4m
Listed Investments:
MTE @ 50.5c = $40.4m (Coal)
CBX @ 30c = $8.1m (Bauxite, MLM holding drops to 20.8% or ~27m shares)
PMQ @ 10c = $4.5m (Copper/Gold)
ORM @ 23c = $2.7m (REE's, & Gold)
Total LI = $55.7m
NTA = 51c (largely due to the CBX in specie distribution to MLM shareholders)
Discount to NTA = 38%
No allowance made for the 100% owned MLM projects, including the very interesting & decent sized, Nickel, Cobalt & Scandium "Nornico" project