Hi Sle,Very good point about the options expiry in August. I had...

  1. 1,091 Posts.
    Hi Sle,

    Very good point about the options expiry in August. I had been positive on the Silica side of things when I originally bought into MHM, however I had not really seen any solid progress until this ann and the one before it so I put the project down to being 12-24 months away.

    I am obviously re-assessing that at the moment. I think the most likely outcome will be that all existing MHM get 1 share in Silica Co for every x MHM they own.

    Existing MHM will then form say 20-30% of the project. With another large chunk going to the cornerstone investor and another 20-30% raised via the IPO. (prob getting a bit ahead of myself for now, but that is what I would like to see).



 
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53.5¢
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-0.015(2.73%)
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54.5¢ 55.0¢ 52.0¢ $257.4K 484.2K

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Price($) Vol. No.
53.5¢ 9258 1
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