Dean, while some of the info here is possibly accurate - it's always best to ask an accountant. Those poor buggers went to university for years so you can arrange an appointment and shoot them a few questions. Or better yet if you have the same accountant do your end of year returns most are always happy to answer a few tax questions without having to give up $$$ (especially if they know your a return client).
Cliche expression but a good accountant will pay for themselves. I received $700 in returns last year I didn't know I could claim for a fee of $350! On top of that the tax return was done for me.
Anyway back to MPO... dilution will be necessary regardless. Personally I'd prefer the price to rise before June and have oppies converted rather than have the stock sit at current prices for 4+ months just so they can gain a couple of extra cents each share. But I'm the type of person who prefers to get profits consistently over a period of time rather than 1 big hit if given the chance!
With a China resource estimate from Molopo themselves (read the latest china ann.) which could contain the latest 2 samples we could very well see the oppies in the money before June if the resource estimate hasn't decreased.
I hold.
MPO Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
