MRQ 0.00% 0.4¢ mrg metals limited

Ann: Trading Halt, page-30

  1. 2,348 Posts.
    lightbulb Created with Sketch. 686
    That was very out of left field, was not expecting that.

    Now we know why the brakes were put on the SP. It is wishful thinking that the Soph's will pay a higher price and announce a cap raise after the announcement.

    Management have been very very tight with cash, the last raise was done just enough for on site costs. The Company has been nothing short of great in the last year or so.

    I will back them on this one and give them the benefit of doubt.

    If the next 2 announcements confirm what we think then the Share price will do very very well.

    The positive thing is we will have no cap raise to put the brakes on the Share price, lets get this raise out of the way.

    Looking at other plays (announcements) and commodities out there, no one is hitting high grade. I will not mention names as a I do not want to cross promote.

    I am confident we will be a very very high grade HMS Company.
 
watchlist Created with Sketch. Add MRQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.