MIC michelago limited

trading again, page-6

  1. 740 Posts.
    re: obviously couldn't get finance and another @5c.

    I thought they had some good projects. China is more manufacturing type business but the Solomons, which they are allowing to be diluted to hell, was , with current gold pricing, the real upside.

    They raised $8M, from memory, @ 5c so they problem is not cash as such but the US12Mill short fall in the Chinese bond. Obviously they ANZ is not THAT keen.

    Not holding anymore but watching with interest.

    Tubs
 
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