I don’t see what they’d need to raise capital for. They’re at over a billion shares outstanding, I believe they only have 100mil left in authorized, they had I believe $7mil in cash last report, they also said they had enough cash on hand to fund projects.
They would be diluting themselves if they raised more capital at this sp... I would hope if they need capital they’d wait until they have a decent share price and issue a lot less shares
This week in the US volume has more than doubled, and short interest is down.
MXC deal in Malta?, page-39
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