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.

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