MRQ 0.00% 0.2¢ mrg metals limited

Ann: MRG HMS - Due Diligence Ends - New Offtaker Interest, page-3

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    It does leave it open for a shot from nowhere, but unfortunately we will likely fall back to .1 with minimal cash backing to do much, and any raise from here will be after consolidation, more pain. Lanqi may just wait for the company to run out of cash and make a low ball take over offer, by the end of the day our MC will be 2 million, cheaper then the JV, and by the looks of it people are bailing quick.
 
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