MHL 0.00% 0.3¢ monitor energy limited

sentry jv conditional, page-28

  1. 11,117 Posts.
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    Thanks nacra

    The capital raising by SPLM should be interesting. I wonder how many shares in Sentry directors and management of MHL will acquire as part of the capital raising, and what will be the role (if any) of Far East Capital. Clearly, SPLM have no money to actually do anything as they are just a shell company at present ($1 million in cash at end Nov 2007 goes nowhere). However SPLM's share price is $US1.35 (46.3 million shares issued) so yanks are even bigger risk takers than I imagined.

    Anyway we should see some rise in the share price, and may get back to 3-4 cents.

    When are we with the the uranium?

    loki


 
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