By reading through the past announcements again, the last news directly related to MCC I could find was the annual report released in Sept 2011(pls correct me if I'm wrong). In the quarterly report (31 Jan 2012)some interesting wording was found: Serveral potential financiers and...As the date of this report, the majority of these potential project partners (looking for NEW investors?) are still reviewing the documentation...Some have cited global market uncertainties as a reason NOT to proceed any further (including MCC?!), whilst others...
It would not surprise me if they announce a new partner in the future (if they are lucky enough to survive till they find one)
BGD Price at posting:
4.4¢ Sentiment: None Disclosure: Held