Ann: Moho Raises $1.51m To Finalise an Acquisition Deal, page-10

but these acquisitions are just what the doctor ordered.

And did the doctor order this because management finally understand their gold assets are are bust (far too small to ever be a profitable mine)? Thus a pivot to nickel? If this is true then it might be a good move and one that might save the company if the nickel assets prove up.

On the other hand if they fail to comprehend that their gold assets are not worth developing, and they thus intend to explore and develop both assets, then I'd say that is a huge mistake and will result in shareholders experiencing massive future share price dilution due to the need for even more frequent cap raises. Moho is a tiny company and two projects will simply be an unneeded distraction.

All IMHO and spoken as an ex-holder.