MCO 0.00% 11.0¢ morning star gold n.l.

capital raising, page-18

  1. 6,771 Posts.
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    there are a few intriguing comments in NG's response to...plough. one i like is this ambiguous pearler :

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    plough
    9. Are the recent options that you guys are hoping to bring in added cash, fully underwritten?

    Nick
    Not at this stage. Several parties have approached us and I can’t say more than that. Obviously I own around 30% of them so they are spoken for, so are some others I am aware of.

    ************************************

    i wonder what was meant by those words. i dont believe it was anything to do with the underwriting of options. could the meaning of those words fit another contaxt ???
 
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