re: Ann: Update - East Mailisu Well No1 and M... HMMMMMM]
Very bad time to announce this, they need the cash i dont remember ever reading anything about pattersons underwriting the SPP......... its going to fail unless they try and provide some information or make something up to entice holders
The best thing is to scrap the SPP and not dilute the shares any further, sit on the cash and preserve it.
I would assume they will now be required to sell PRU shares or even try and do a JV to raise more funds on their current tennamnets to keep going
Im still holding waiting for Santos update i will just try and accummalate more it is worth the risk.
DYOR
- Forums
- ASX - By Stock
- CIG
- Ann: Update - East Mailisu Well No1 and Mailisu I
Ann: Update - East Mailisu Well No1 and Mailisu I, page-6
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CIG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online