MMR 0.00% 0.4¢ mec resources limited

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  1. 1,771 Posts.
    Just remember, when the SPP was first announced the shares where at 25c, and was even less when they would have engaged Palento Group. Obviously with the MMR shareprice sitting at 13c at the time they wouldn't have wanted to dilute the hell of MMR and needed to go down the sophisticated seed capital root, similiar to Talbot.

    Obviously with MMR substantially higher, the amount of money they can contribte to the Advent seed capital raising will increase, however they may keep some money in reserve for other seed ventures outside of Advent.
 
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