High grade gold, page-96

I don't mean to scare shareholder's but there is a real possibility that MNM may go into administration. They have a commitment to pay $1 Million in a weeks time and if they haven't secured funding or some sort of farm-in agreement, technically they are currently insolvent. I got out completely about a month ago selling down to $0.007....yes my fault the share price got down to $0.007....but I sold out for good reason, basically no clear plan announced to the market on how they would fund the next payment for Morningstar. I no longer blame the current board either, I blame the old board and my gut tells me now this is why they were happy to go, hoping the new board would turn things around and keep ASIC off there backs or investigating the company. Well if MNM goes into administration, lots of questions will be asked, not of the new board but the old.