MMC 9.44% 98.5¢ mitre mining corporation limited

refinance, page-2

  1. 930 Posts.
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    AJ - just the equivalent of issuing 1.3 bn new shares in the unlikely event that the mine ever goes ahead under Marengo Mining, or they get the assets when the company is wound up - being the only creditor.

    That move to Canada has proved a master stroke, access to limitless miner friendly capital.

    What a joke, I will be voting no and will take my chances with the administration.
 
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Currently unlisted public company.

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