im sorry but I agree with Frazer... MNC has to come up with cash...

im sorry but I agree with Frazer... MNC has to come up with cash and without news they are looking at 400-500million share dilution to raise $1m if they are lucky. the cheapest you can convert options will be 1.2c (1.1c hit plus purchase .1c) I'm not sure how many shares will be on the registrar in 1.5 yrs. maybe 3-4 billion. so MC will be 30-50million if it gets to 1.2c and then on top of that you will have x amount of people converting shares resulting in further dilution and you have an explorer still not producing. and you think the company will be worth @least2c in 1.5 yrs creating an overall MC of approx 100m and still not making money?? I know aussie Goldie's now with 2billion shares with 7million ounces already producing at 4c a share. I think honestly think .3c is the better bet right now