MGT magnetite mines limited.

Ann: Razorback Project Optimisation Studies, page-59

  1. 841 Posts.
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    Yes I think that any entity looking to invest would look at the overall picture. If they thought that the
    project was a goer the number of shares would not put them off. If they didn't like the number of
    shares they may well say that consolidation may be required down the track. I do agree with his
    statement that nothing has changed because of consolidation. The company is exactly the same
    as it was before consolidation, no more no less. Just lower market cap. The big institutions are
    great at raising capital and many of the speck companies I have held that institutions have
    helped with capital raising have put people into stocks that lose a lot of their money. The big
    boys don't care, they get their nice slice of the raise in high fees.
 
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