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check that 82m shares in "remaining issue capacity" not $

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Mr Hardwood

406 Posts.

19

07/06/17

14:09

Post #: 25150284
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Originally posted by Mr Hardwood ↑

conjecture or opinion ? Do you really believe the machinery in the photos run on fresh air or solar power ? wake up ! and the company is listed in Australia so it pays Australian compliance costs so that is fact, and you are not doubting the "hubris and naivety".....I understand the international gem trade is a whole different game and is one I know nothing of but I was commenting on CJ's lack of transparency as to what happened to the stones. As far as options to fund the company until October they have many..... here are some...take on debt, rights issue, placement, bring on a cornerstone investor with cash injection (which is essentially a placement), take on JV partner (which is also dilutionary) or sell some stones which they have ruled out. you are trying to make people believe there is some mystical cheap option of funding the company until October and brushing my comments aside as "conjecture and opinion".........since most small companies raise money with placements and the latest 3B stated there is $82m in "remaining issue capacity" it is the most likely outcome.

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check that 82m shares in "remaining issue capacity" not $

MUS Price at posting: 4.2¢ Sentiment: None Disclosure: Not Held
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