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Mira Resources Corp V.MRP



TSXV:MRP - Post by User

Comment by investpro2on May 03, 2012 8:06pm
230 Views
Post# 19869304

RE: RE: RE: RE: MRP Money will come and get the oi

RE: RE: RE: RE: MRP Money will come and get the oi

different choices to raise $25M:

  • MRP has sufficient money in warrants 60 M warrants at .40 would give MRP the money
  • MRP partners Equinox loan MRP the MRP portion
  • raise the money pp or debt
  • take the price from the pending takeover offer, ie, subtract $25M from the takeover bid instead of $1.40 sp it is approx $1.25 or so (.20 per share x 220 M FD approx)

bottom line, imo, 1/2/3 P 100 Million barrels of oil MRP share 54%, the money will come to make it work.

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