MRF
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3.17% 6.1¢ mrl corporation ltd

Ann: Share Purchase Plan, page-15

  1. Meteor
    13,592 Posts.
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    04/09/15
    17:18
    Post #: 15938633
    Agree Biggs - appears just working capital.

    At end of June qte they had 1.06m with projected spend for Sep qtrt of 0.9m (exploration/admin) leaving them with not enough to last another qtr, IMO

    As it is now Sep this is just a small raising "in-house" to tide things over - perhaps allow holders as of yesterday to get a few more "cheaply"??
    MRF Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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