MIC michelago limited

re: obviously couldn't get finance and another @5c.I thought...

  1. teletubbie7
    740 Posts.
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    26/12/05
    21:17
    Post #: 1293405
    re: obviously couldn't get finance and another @5c.

    I thought they had some good projects. China is more manufacturing type business but the Solomons, which they are allowing to be diluted to hell, was , with current gold pricing, the real upside.

    They raised $8M, from memory, @ 5c so they problem is not cash as such but the US12Mill short fall in the Chinese bond. Obviously they ANZ is not THAT keen.

    Not holding anymore but watching with interest.

    Tubs
    MIC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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