They can't just extend them, but they can do a priority issue to existing holders at a low price, like 0.0001ea, for example. But ovbiously they wont. Oh well, more money down the toilet.
On BM, wasn't there supposed to be more drilling done this year to get the resource up to Indicated? Maybe I'm making that up.
Anything mentioned about LV tenements?
Or about Exergen/CAG listing?
Just re-reading the investor presentation from April seems like alot of the goals/dates have not been achieved. That's disappointing and I wonder how 'investors' feel about this and how they will feel when the company comes hand out for more money. Or, shudder to think, will they go back to the fortrend facility? With $300k being spent on Norton, it can't be too long before they'll need to raise yet again. Had $1.1m left at the end of September and having spent $300k and forecast $500k expenditure for this quarter.
More waiting and more pressure on the SP. :(
MNM Price at posting:
3.4¢ Sentiment: LT Buy Disclosure: Held
