Sorry mate, but isn’t the current m/cap about $60m? I for one would settle for an increase to $100m on opening, unless I am missing something? Also, the way I read it, we are talking about an additional 3,806,528 shares, which at the current price of 3.7c amounts to $141,000 or so. In my opinion this is not terribly significant and may simply be a reflection of MCL’s current directors playing ‘hardball’ in the ongoing negotiations, perhaps as a reflection of their perception of the increased potential worth of their shares.I may be mistaken in the above, happy to be corrected and all IMHO. DYOR and GLTAH.
