re: 50 / 50 - tokyo. doc, MRC is waiting for the green light from Cabinet. We all thought the go ahead would be given earlier but the Durban conference prevented that. My sources are saying November but Cabinet may take longer. If you are a new buyer, you can always wait for a break out (around 40 cents)....
Remember they have lots of cash, only 46 million shares and funding secured from the SADEF and BEP who are paying more than 2 bucks a share. They are also linked to Andrew Forrest but I dont think they will need him
I am also hearing they will list on another exchange near term. My opinion is that we will see MRC's true value then.
A good spec but I wouldnt bet your house on it
Cheers
50 / 50, page-8
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
