Last time we were suspended for a full week. So nothing to panic about in that regards at this stage.
Its clear that while Fury has potential, it has too many issues to revalue the company significantly in the short term. Primarily bad weather and being at the mercy of VPE regarding speed of development. It doesnt seem a priority and God is against us.
Diversifying is the only way to survive IMO.
Trinidad is promising enough to attract new dollars.
If it fell through, a smaller cap raising and smaller acquisition would take place. MHL is not dead and buried. Besides its out of our control now.
I know for fact that part of the raising has been completed, provisional on a few conditions being met. Now we only need to wait for the other capital to be raised.
The obvious thing is shareholders are somewhat bent over the barrel and will need to vote YES to what ever is proposed, but their will be sweetners like cheap shares.
Vote NO we die peacefully.
MHL Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held