capital raising will be required at the time that the listing in toronto occurs.
company is well funded for the medium term and really does not need to raise cash, hence why the company does not want to list whilst the share price remains where it is.
but a listing is required for the full value of the assets to be realized as Australian market will not fully value North American assets.
stock is very cheap but it has been that way for some time
MPO Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held