Snick . Guys and there . might be a Gal out there . MNC have raised the capital to go to A IRREVOCABLE MINIMUM 55% control of Hampton but will have close to 68 % at the expiry of the pre emptive rights period . the may timetable is all about final take up of this entitlement and issue of scrip etc. to JIC . this is all procedure as usual as the first period is nearly expired .TKG have not got any money to take up their entitlement and would have to match in cash MNC offer ,they can,t .MNC will gadually increase their shareholding to close to 100% over the next 6 months .CONTROL IS CONTROL and just look at what is happening to major projects like this now . ALL THE TOP COPPER COMPANIES IN THE WORLD ARE CHASING ASSETS LIKE THIS . WE HAVE NOT STARTED . THIS WAS A DEFINING STEP FOR MNC .
MNC Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
