Marcus, you must be relieved that MRC has already raised the funds required to pay out its creditors.
Its a real shame they have had so many issues with processing the inland strands mineralisation,
It is great to see AU mining helping out again with investing so much into the company, it does give other investors confidence to have these shareholders who are so supportive of the company and the path the company is heading.
It will be interesting to see what happens in the next few weeks with the SP, or if we see another MVC sell down to push the SP down to try to stop retail shareholders from taking up the offer.
I was surprised the last CR MRC secured over 70% of the funds even though the SP spent most of its time below the capital raising price.
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- Ann: Completion of Accelerated Institutional Entitlement Offer
Ann: Completion of Accelerated Institutional Entitlement Offer, page-9
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