re: rights issue - mcneil's selling down All good points you raise, Henrik, and I understand what you're saying. However, I can also see that it would be smart business move to do the ol' share-shuffle they did.
It remains to be seen whether or not they can get the bloody mine up and running in 2005 as projected, before the POS comes back down..... ;)
I also take your point about their sales affecting the share-price - although it doesn't seem to have affected it much - it's still about the same as the price they got for their shares.
Time will tell, I guess. I'm actually going to be talking to the McNeills on Monday, and I'm going to ask about the net sell-down while raising capital from the rest of the shareholders. If there is anything suspicious to report, I'll post it here.
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rights issue/allotment of shares & options , page-10
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