You can see the problem. Breeze has a substantial holding MMR inc his Grandbridge shares. He also has a direct holding in Advent via GBA (which is currently suspended due to lack of cash). Does MEC have a view on the likelihood of Breeze being able to fund any cap raising within Advent? Will non funding hold up the collection of 3D seismic?
Ann: MEC Resources - Annual Report to Shareholders, page-3
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