This is the last two paragraphs from Fatstocks' post on a MXR...

This is the last two paragraphs from Fatstocks' post on a MXR thread re his thoughts on the rights issue. Fatstocks, I hope you don't mind my posting this here but I thought it was important.

There will probably be a lot of shareholders that don't have the cash to take up the rights at the moment but there is likely to be some larger investors that are just waiting and hoping they can pounce on the short fall.
I wouldn't be surprised if Flinders is one of them, I think MXR holds greater value than FMS and they would be a prime buyer of the shortfall to secure a larger slice of MXR. MXR is getting cash flow from gold sales at Selheim ( which will increase each month as production is ramping up) which also makes the rights very attractive in this cash strapped market.