cr to be at 0.10 (?), page-9

Well I fail to see how it can be a bad thing to have it out of the way before our extension ends, call me crazy but I'd prefer not be sweating in the final few days wondering if the funds will be secured. Isn't it better to have it done, secured with cash in the bank to pay the debt and be de-risked than try get the price higher in market conditions like we've been experiencing? End of the day if MYG fail to make this payment and a bit of extra dilution would have been far more preferable than having no brilliant Deflector project to advance.

Sure we've fronted some cash to have this extension but again it's overall management being responsible and making sure we don't get caught with no funds and no time to get the issue covered.

I'm not sure of any details but suppose it's to an insto or a couple of them and they say to MYG they are ready now or they look to invest elsewhere would it not be prudent in these circumstances to get the cash and them on board rather than risk not getting funds?

Keep your eyes on the big picture is my advice, I'll take any short term dilution pain to ensure we get to production of 100k ounces as that's where our real gains are going to come from.

If this raising happens to be to shareholders then that would explain the timing too since a raising typically takes about a month to complete. Should this be the case I'll be more than happy to take up my allocation and support the company & my own investment.

Well I'll leave it there and just wait like everyone else until we get all the details.