My bet is: * Engho to be closed till say June next year because of park/road issues. * Engho will be put on a maintenance schedule for now. * Further drilling at Engo to define resource grade/quantity will also take place. * A CR will be asked/made to payout current debts. * Current funds held will be used for current ongoing operational outgoings (and director fees) * If a Placement has been already made would have been at say 4.5c. Because someone has been stacking price over last few weeks not to fall below 4c level. * Someone may show an interest in Torrecillas as Co is unable to raise some $40 million dollars to get it operational. We sell Torrecillas in exchange for some script in the new Co.
MUN Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
