That would all be great but they already sold 50% of Spargos...

That would all be great but they already sold 50% of Spargos They have until the 11th may to earn another  15%, then we would loose another 20% if they sole fund the Jorc
Leaving MTH with a whooping 15%
All for $100,000 aud.
Then they release this to us like it is meant to make me feel good??

A bit of a bad Joke if you ask me
I am glad I sold out most of my shares recently

Read for yourself below from the same report:


About the Spargos Reward Project
The Project is subject to the Spargos Reward Tenement Sale and Joint Venture Agreements with Corona Minerals Limited (“Corona”), whereby:

• Corona has purchased an initial 50% equity interest in the Project tenements for A$100,000 cash,
• Corona can earn a further 15% equity (for a total of 65%) by spending A$150,000 on exploration by 11 May
  2016 and in addition,
• Corona can elect to earn a further 20% equity (for a total of 85%) by sole funding exploration through to the
  completion of a positive scoping study on a 2012 JORC Code Compliant Mineral Resource.