We need $10million to get going, say 200 million at 5 c is my call. Garling needs an underwriter, probably the Chinese who are still very keen on Oz gold juniors
He will no doubt Do it by rights issue, so if you are prepared to throw more money at this outfit you wont get diluted
But will we succeed and become a successful gold producer?
I will take punt we will, but it's still a risky proposition
MCO Price at posting:
11.0¢ Sentiment: None Disclosure: Held