Knew this will happen soon, 2 weeks back I 'm out at 0.05
Wasted time on this stock, it blocked my money for 2yrs doing nothing...
They are very slow... they are very wrong to ignore other projects and working on a single ALDP waiting for the govt funds..
IMO, it worth lower than 2.8 cents as they are attaching MNMO options along...
The Company raised $525,000 under a placement to professional and sophisticated investors for 18,749,998 shares at 2.8 cents per share, along with one free attaching listed MNMO Option (4.5c, 30 June 2015) for every share issued under the placement. The Company also issued 5,000,000 MNMO Options to the nominees of Cygnet Capital Pty Ltd as part payment for professional services rendered in connection with the above placement, as well as a further 2 shares at 4.5 cents per share upon the exercise of 2 MNMO Options. The new capital raised will be used to fund the Company’s existing exploration programs and for general working capital purposes.
MNM Price at posting:
3.5¢ Sentiment: Sell Disclosure: Not Held
