MYL 0.00% 7.0¢ myanmar metals limited

Yes dilution is the biggest concern at this stage, and SS to be...

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  1. 1,193 Posts.
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    Yes dilution is the biggest concern at this stage, and SS to be released before the CR.

    I have wondered why they're proposing to raise up to an amount that is significantly greater than the option ($16.5m), obviously to progress the project but could do so with a lot less. I can only speculate that it's in the shareholders' interests.

    Timing is everything. I got in early expecting more interest from the market, especially given the quality of the resource. But without that market interest I suspect that a lot of people are probably sitting on the sidelines for a bit.
    Last edited by densamer: 24/05/18
 
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