Could AIM listed Minco PLC with this great deal now become another Oxus Gold ?

Options bit of RNS is very interesting! He only has six months to exercise them, so IMO he is expecting MIO to motor, and soon !


"LONDON (AFX) - Minco PLC said it invited Jitendra Patel to join the board
and that he agreed to subscribe for 4.2 mln shares at 9.5 pence each, raising a
total of 400,000 stg.
Patel has also been granted options to subscribe for a further 4.2 mln
shares at 9.5 pence a share for a period of six months, expiring June 23, 2004.
The funds raised will be used to purchase a drill rig and to pursue an active
drilling programme in Central Asia"