That facility is still there, and they dare not EVER use it, it is such expensive equity that I cringe thinking about it , think the destruction of the MGT share price X 10 to raise a paltry few million).
In a perfect world MGT is about to confirm JFE Shoji backing and HIO partners up with BHP where it is based , and the markets start to put some value on the enormous reserves of magnetite these guys are sitting on.
HIO Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)