MOO have not announced a contigency plan should they fail to raise the $40 million.
They are either so sure of themselves that the listing will be successful OR they will allow the company to fold OR farm it out.
I am confident it will be the former scenario (ie. AIM listing).
Have you crunched any numbers re. potential revenue from these projects. My understanding is MOO will be mining minerals this year (assuming they get the funds).
The story cant get any simpler than this.
Do you know if MOO/Ambrian will be releasing a prospectus for public viewing? My understanding is that the public wont participate.
I wonder if Ambrian has asked PV to participate? If not that's a good sign. It may be worth asking DW if he has been invited to participate.
MOO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held