Ann: Trading Halt, page-8

MRP management already stated that they needed $10m for next 12 mths drilling complete their first phase of drilling i.e. drilling depth 200m along the entire strike length 1,500m represents over ~ 30,000m of infill drilling, to date they have achieved 10,000m. So with ~$2m at hand and $1.5m payment from reward by the end of the year, so probably need to have another capital raising by the 2nd half next year.

I would imagine they would have raised more this round if the sp was higher, but they have compromised raised less than what they needed to keep the dilution around 10%, as Gelxi has stated.

Anyway I think this ok... if we get good results from EIS co-funded exploration hole of 1000m, I expect the sp to rally.