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06/03/14
13:46
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re: Ann: South Africa Coking Coal & Marianas ...
Maybe CDB will better invest the capital into MFC because they need money
MFC Signs Heads of Agreement with Texas and Oklahoma Coal Company
http://www.asx.com.au/asxpdf/20140306/pdf/42n6ls2rygh24l.pdf
Metals Finance will have an "cash flow" from an 80% interest in the P8 operating Mine in Oklahoma.
They need no exploration, no DFS !!! They want to do a capital raising each share for $ 0.20 to raise min. $ 5 million
This would be a better opportunity to CDB Shareholders !
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