Mate, just pointing out something that appears 'extremely odd' too me (if they're all in it for the long term), why you you 'architect' a 'new' retail-placement (for $45) to allow any 'previously issued' shares to be sold at any time, options obviously have thier own 'strike' and 'expiry' attributes...
Like I mention in most of my posts, in most cases I'm happy to be proven wrong, but I just can't think of a 'clearly valid' reason why something like this would be 'architected' following a multi-million $$ placement, seems odd, that's all...
Happy to hear any 'logical' explanations/ideas (if you've got any) as to the 'reasoning' behind it, I'm just a bit stumped dude...
ML
PS: The EGO reference was just that mate, private-placement after private-placement, to intos/sophs, who'd then dump them very shortly after the raise, essentially 'sucking up' the 'placement-discount' and providing capital to a junior-explorer with plenty of potential, just no cash, and the wrong people leading the charge...
In no way suggesting that that is where MCT is headed, like I said, I just now have a new level of concern after seeing the 'rollout' of EGO strategy over several years...
Let's be/remain patient and optimistic, pretty sure none of us have invested in MCT to 'LOSE' some money, right..???
MCT Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
