M³ Plan, page-12

"HXG will not get this through as I doubt an investor will want to fund a 49% investment when they could easily get squeezed out by the majority holder.
We have had no further updates on the financing of the 49% purchase as Mike will not be able to deliver. As a result, the desperation has moved to trying to beef up the Hall's Creek prospects.
In my opinion, management are at fault and have not delivered anything of substance for many years now. A change is needed."


exactly my point of view and even if they find someone who wants to invest 2.5 million, then never at 5-6 cents but rather at 2-3 cents...