Maybe we are about to see the transition from Erin Resources (explorer / mining) to MGC Pharmaceuticals (MC Cosmeceuticals).
If Erin takes up its option to buy MGC Pharmaceuticals, which it certainly should, that will be a very solid step forward. We might even get a free kick from the ASX with a waiver on the 2c limit which would negate the need for a further capital raise and another round of prospectus BS!
With a name change and no capital raising, we would be off to the races!
Better saddle up!
MXC Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
