You cannot be serious giving Peter credit for the PP?

Mineral Fields did this financing primarily for the tax deductions that the flow thru shares bring - after tax cost of shares are 10 cents...and they know that they have that much value in the shares.

Heck MF will always do those financings because that is their business... a blind squirrel could find that money.

and MF does not support the stock price. What happened to the 28% they owned last year that was down under 10% at last agm ? they sold!

now they reloaded the coffers with cheap shares - and guess what - they will be selling all next year .... so they can do it again.

fact is peter gets NO new blood or market support.

bring on all that great news so the market can just go - ho hum!

hope peter has a well thought out plan and strategy to discuss with institutional investors... begging doesn't work. no guarantees it won't be a waste of time... and what will he say when the question on Magpie about seperating iron from TiO2 comes up ?

man is this scary...

and rago who is selling that amount of stock at year end?? MF - to handle redemptions.