MPJ 0.00% 0.0¢ mining projects group limited

Capital raising

  1. 72 Posts.
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    I would like to throw out a few questions for discussion just to see what the general consensus on HC is.

    Would there possibly be any SI or Insto's out there that would back this CR?
    Can it be successful if it's not underwritten?
    Do you intend to participate in the CR?
    Do we have enough cash for the next drilling campaign without a successful CR?
    Is the next drilling campaign the last roll of the dice?
    Wasn't the CR in April ($1.4m) meant to cover these costs?

    I'll kick it off with my 2 cents worth. I really hope they have someone lined up but
    CR at $0.005 with one free option. Not underwritten and far from fully subscribed.
    Nothing of commercial value found next campaign but a lot of 'narrowing it down/potential/massive/indicative/new prospects'.

    We will find out Monday morning I guess.

    Cheers
 
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