PXG phoenix gold limited
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is pxg underwriting a kmc share issue?

  1. loki01
    11,149 Posts.
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    13/03/12
    23:03
    Post #: 9833802
    A poster (Alex999) on the KMC thread has suggested that KMC will be a cornerstone underwriter of KMC's $8m capital raising.

    http://hotcopper.com.au/post_single.asp?fid=1&tid=1690505&msgid=9782309

    I wish I could see the sense of this given that PXG only has about $8m in cash (plus whatever it may get from toll treatment of its ore).

    loki
    PXG Price at posting: 23.2¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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