MPJ 0.00% 0.0¢ mining projects group limited

Placing CR into perspective ...., page-62

  1. 7 Posts.
    Simple Arithmetic... Market capitalization equals the share price times the number of common shares issued...That is what the company (MPJ) is deemed to be worth..Now if you are happy to pay a 50%premium (ie .006 cents on a rights issue versus .004 cents at market that is your choice,assuming you believe getting options for 1 cent(good for a year) makes it attractive..I'm trying to be helpful not vindictive. I wish you well and hope you are not being played for a fool by this company..I have dumped all my holdings and from the lack of respect and transparency they have shown for their shareholders I honestly would not buy back again at .001 cents. If they had any substantial capital they could be sued for mis/non reporting according to ASX requirements.. In my opinion they're a bunch of hucksters..I have a surveying background and as a result have a number of geologist friends whose opinions I respect and they concur..I am now out of this conversation for good
 
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Currently unlisted public company.

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