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Metminco revising its plans

A lot of investor and board activity has gone on in the just over two weeks since Metminco (AU:MNC) came out with a plan to “refinance, restructure and relaunch” the company.

Metminco revising its plans Metminco revising its plans Metminco revising its plans Metminco revising its plans Metminco revising its plans

Previous owners drilled a 384m intercept at 1.1g/t Au at Tesorito

Metminco's Australia-listed shares have, as expected, more than halved, one of its key investors has ceased to become a "substantial holder" and - in a related move - director Ram Venkat has departed.