"MAK has $13mil as of Jan."
But as of the 31/12/08, as projected by your company as per the 2nd 08/09 quarterly, the cash spend for exploration, development and evaluation is $5m. The administration is around $400K per quarter.
$13m minus $5.4m is $7.6m.
3rd quarter will contain obvious dilution IMO based on cash spend.
All eyes on their next quarterly in a couple of months.
can mak be a multibagger, page-2
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