MFE 0.00% 1.0¢ magnetite mines limited

Sorry, raising that amount now would triple the SOI, not double....

  1. 897 Posts.
    Sorry, raising that amount now would triple the SOI, not double. A raising is an evil neccessity but has to be done in moderation and on an as needed basis. bringing in a JV partner early would be less funds needed to be raised but less of the project owned by current shareholders.

    As Hlare wrote, that's a lesson they should learn from GBG.


 
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