Meridian Mining UK Societas T.MNO

Yeah Spin outs from sale !!!sounds leggit LOL

[Grimey2]

Meridian Mining puts for sale non-core Brazil assets

BnamericasPublished: Friday, October 06, 2023

Prospecting, exploration and extraction of mineral resources Manganese Gold Silver Tin Show 2 more

Brazil-focused Meridian Mining put up for sale some of its non-core assets as it is planning to concentrate on developing its Cabaal gold-copper-silver project.

The assets up for sale are the Espigo polymetallic project, the Ariquemes tin project and the Mirante de Serra manganese project, all in northern Brazil’s Rondnia state.

Capex for Cabaal, in Mato Grosso state, is put at US$180mn.

“We view these non-core assets as having strategic value as a portfolio of exploration projects hosting future facing metals in Brazil. The strategic review will allow Meridian to focus solely on the advanced stage Cabaal deposit and adjoining portfolio of copper-gold exploration prospects in Mato Grosso," CEO Gilbert Clark said in a statement.

 

[TFSAfunds]

Grimey, Clark's podcast clearly indicates spin-off, but it isn't 100%. Did whoever write that article listen to the podcast? The Rondonia assets have "strategic value as a portfolio of exploration projects". "portfolio" means something owned by a single entity! Would not a spin-off fall into that category and you would still be a shareholder? The "for sale"

[Grimey2]

Your a good man TFSAfunds!! Even though you have played this Evil Bond character. Deep deep deep, deep,deeeeeeeeeeeep down in your little pinky is a good man ,,or Woman all I know. GLTA LONGS!!!!!

[TFSAfunds]

So Grimey... did you pop a couple of Midol's for your PMS, have a nice scented bubble bath with a bottle of "Girl's Night Out" Ros, hop into bed with a romance novel and get a good night's rest? That was a rough couple of days for you. Hope all is well... lol!