Dec 16 (Reuters) - Mhm Metals Ltd MHM.AX
* Response to proposed takeover by mercantile investment company ltd
* Mhm metals- board notes there is no certainty that proposed offer will result in a formal offer or what terms of any such offer would be
* Mhm metals-board advises shareholders need not take any action until they and board have had an opportunity to consider a formal offer Source text for Eikon: ID:nASX8JfWxN Further company coverage: MHM.AX