Some weakness today indicating this investor presentation might be a prelude to a dreaded capital raising - Slide 6 on Prominent Hill indicates that Ground EM surveys are being done Aug/Sep that I believe MEP have to fund and then they have to contribute $1.5mil to the 'proof of concept' program running from Aug to Dec. Are they due to receive an R&D grant in this quarter to help them out? - can't believe the govt. still pays these Exploration companies money to poke holes in the ground.
MEP Price at posting:
5.9¢ Sentiment: None Disclosure: Not Held
