MKO 0.00% 7.0¢ metaliko resources limited

how low?, page-63

  1. 151 Posts.
    Furniture,
    In this case, I believe the proceeds of the escrow shares when sold go into the company's coffers to fund projects. So obviously it would be suicide and "invite" legal action against (IMO) for them to sell them at 1 cent LOL! The funds are supposed to benefit the company not get them into hot water.

    But while you're at it, it'd be a good idea to find out how they will fund the MTT and other drilling programs. I believe some kind of borrowing like a debt or loan facility would be the right way; you could suggest this and see what they say.
 
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