By refinancing, it would not be a raising IMO, it would be a...

By refinancing, it would not be a raising IMO, it would be a deal about the $2 million MNM owes. It could be as simple as extending the agreement by a few years to pay the $2 Million thereby allowing MNM time to get things sorted and some drilling done. They may have raise say a 1/2 million for drilling and ongoing running costs but better than a raising of $2.5 million. Anyway I am no longer a shareholder but I am keeping a keen interest in MNM. I won't get back in but at the same time I don't want the company to fail. I lost $50k on this stock but hey there the breaks. There just wasn't enough info being released to the market about the $2 Million payment owing and thus unless you were a gambler or had inside information, then who in there right mind would stay in the stock. If this were any other stock the share price should be down to 4 cents / 5 cents so in my opinion most of the buy side are in the know.