Should be an interesting day tomorrow, FOMO has certainly kicked into gear - methinks management is going to go out of their way to deliver price positive information to ensure options get executed (strike price 1c). Only 12 hours....
Fingers crossed we get some price sensitive info that pushes us over 1.4c ;-)
Shareholder meeting convened for 14 April 2016 to ratify recent share issues and the $1.2M capital raising associated with the recent acquisition of the Pilbara Lithium-Gold Project in WA
Other resolutions to be considered include a proposed name change to Kairos
Minerals Limited (proposed ASX code: KAI) and 1-for-10 capital consolidation
Following receipt of shareholder approval, the company will emerge with a restructured capital base – highly leveraged to exploration success and the successful development of its two key WA projects
A review of the existing JORC (2004) gold resource at the Pilbara Lithium-Gold
Project is already underway to upgrade it to JORC (2012) compliance
Planning is also underway for exploration activities targeting recently identified
pegmatite-lithium and gold targets at the Pilbara Project
Exploration also advancing at the Roe Hills Project, 100km east of Kalgoorlie, to further evaluate and prioritise gold targets for drilling
MPJ Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held