Yes O - $1 mill is not to be sneezed at, but I expect the future of MLS to be well and truly cemented (one way or the other) by the time that is raised. My prediction is that 2c will be laughingly cheap then.
In fact more valuable and timely, would be the existing listed options which would raise over 3x that and at the beginning of a drilling program. Big dilution but the cash might be handy!
On the matter of where the new options went, I have no idea. But it is with good authority that I can advise that they have not gone to staff (and I'm sure that would upset them - quite reasonably)
Perhaps I should qualify that by stating that if they are going to staff, it hasn't happened yet and they don't know about it!
Welcome to email me at [email protected].
Ann: Placement Advice , page-87
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