I think it's bad timing to do CR now....I think they should have put out a positive announcement of drilling results first then do CR and get a greater S/P value and keep dilution of shares down to a bare minimum.........Why they have done it this way is very interesting........are the test results going to come back as not being as good as they previouly envisaged !!!!!!!
They way they are doing it now IMO is not getting maximun advantage of S/Price and Co will have diluted share holdings for no real gains to us current share holders.
MBM Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held