MSC 0.00% 6.4¢ minerals corporation limited

re: Ann: Rights Issue - Underwriting and Exte... My guess is...

  1. 374 Posts.
    re: Ann: Rights Issue - Underwriting and Exte... My guess is that James and Vic will be back from China next week with lots of news to tell us(just my educated guess). Firstly the underwriting of the rights issue ensuring they will get the money and survive to ramp up production to fill the many orders they have to fill. Secondly I think they will have another J/V to announce, this time with the Chinese which would be huge. The sp may run up in the next 3 weeks before the end of the rights issue ensuring a full take up of the issue. I'm looking forward to next week to see announcements and the impact on the sp. Those who want to get in on the action will have to bid the sp up.
 
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