i also think that it will be capital raising/placement of some sort..... at this stage would prefer a raising for existing shareholders (so that i can get more at a discount price) - although i doubt that they will do that at such an early stage....
i saw that they have issued more employee performance incentive options yesterday.... so they are obviously going to be pushing the work forward now..... and perhaps will we get more details about the ground that they have.... cos it seemed to be an old stomping ground for U mining from many years ago..... which hopefully means just drilling out the rest of any exisiting resources over the next yr or so - rather than grass roots exploration.....
MHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held