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Ann: MLS Raises A$3.5M at a 40% Premium to Accelerate Lac Rainy, page-11

  1. 2,183 Posts.
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    Yeah, the uplift from Lac Rainy should have been realised five years ago, but they obviously have no plans to get to production, just limp along dragging the chain to use it as a carrot to bring money in from unsuspecting investors.

    As already said, they had $19 million, now $15 million in cash sitting in their accounts and they have again diluted investors for cash, why? What will they do with the $3.5 million that they could not do with the $15 million?
 
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