They created this whole problem themselves, should have attempted to try and raise capital along time ago. The readjusted price would have to be 90 cents or a dollar? To pick up the same amount of funds would mean instead of a one for 10 it would be a one for 8?
Longer term i am still optimistic about this company, god it has copped a smashing. Sometimes i do think it actually could be worthless in a year or 2. I know they are doing their best but more positive news flow has to happen and happen fast.
What are holders views on the share price in 2016 if things do get up and running? I thought Dongarra were more than happy to pick up the shortfall. They should of let it run and let nature take its course instead of taking such action.
Cheers
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MANTLE MINERALS LIMITED
Nick Poll, Executive Director
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