"Either way, we have a General Meeting coming shortly IMO. The placement capacity under 7.1 and 7.1A is fast running out so they'll need to clear out all the previous placements. Plus, shareholders need to approve IK's new 3m oppies (he'll then have 3m oppies @ 7.5c expiring 1 Dec 2013 plus his existing 1m oppies @ 25c expiring 31 Dec 2013)."
Yep - there's the GM announcement.
Facility for Martin and Stephen to acquire up to 4m shares and 2m oppies in Res 7/8.
Still think a prospectus might be forthcoming for a rights issue soon... we'll see.
MNM Price at posting:
5.2¢ Sentiment: LT Buy Disclosure: Held
