MPJ 0.00% 0.0¢ mining projects group limited

Ann: Quarterly Activities and Cashflow Report, page-3

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  1. 23 Posts.
    Bit of a sloppy report in my opinion. Disjointed, spelling mistakes, looks rushed. Good to see Ian Finch on board and glad the sophs are still interested, but the structure of the oppies offered as part of the acquisition doesn't particularly instil confidence in mid-term SP...

    "Mining Projects has agreed that upon completion of the deal, it will pay the vendors $200,000 cash and issue 200 million shares and 100 million unlisted options exercisable at 1c by June 30, 2017."

    Fingers crossed,
    PS.
 
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