I am confident that we will be informed soon about there capital requirements and how they plan to get through the next couple of months and what plans they have in place.
Depending on sample grades they might be able to get a possible loan for 1/2 a mill or more to get through.
There are other options out there other than asking shareholder for money. Some companies go up in price after announcing a capital raising (potential to do deeper drilling quicker). sell another asset? who knows.
I am so excited to be invest in this company and plan to hold for a lot longer. Best buy in 2014.
A lot have taken their profits but the new ones that have bought in a ready for the next ride up with us long termers. Expected a retracement from over 100% up in a few days. Ready for the next leg up.
MNE Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
