Yes I think a capital raise is due again soon also @ ggwill. Evidence for this is the drill for equity deal recently inked ( to lower cash burn ) . Peter usually presents just before a CR also , and given that Mako has done SFA in the last six months, need to have something to talk about at Noosa.
In the presentation slides, no news about license renewals, no news about actual progress on the Mn project , JV partners etc , no news on gold except for the announcement that a scout drilling program has commenced. does that mean the geisha have pitched a tent ?
3 targets, 1500 metres. Further drilling will be required if successful.
blah, blah, blah.
A billion shares on issue , plus 250 million options.
we are rapidly going the same way as CAI .
But I’m sure Peter will find yet another conference in a pleasant location soon, to spruike for more dollars.
unfortunately , they are not benefitting MKG shareholders.
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Yes I think a capital raise is due again soon also @ ggwill....
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