MEP 0.00% 13.0¢ minotaur exploration ltd

New article on website, page-23

  1. 58 Posts.
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    Hi MandB.

    There are indeed a lot of irons in the fire.

    My concern is their cash in bank position. which at the moment is approximately 2.5/3m.

    Admittedly joint venture partners are carrying much of the load, but sooner or later they are going to have to go to the market for more funds.

    Leastwise, if they can get drill core results in the region of !5 grammes/ton gold and 5-10 % copper, it will lift their share price appreciably, and therefore require fewer shares to be issued to raise the readies.

    The last thing I/we want is and issued capital in the region of 1B or more shares.

 
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