yeah I was hoping any experienced miners here can sense check the spend on exploration. It seems that the timing of the Juruena sales meant that it didn’t make it into the quarterly as post reporting period update. Cash burn rate showed that MEI only had enough fund for one additional quarter. But now with the additional cash that should be good enough for 4 quarters. But that’s still little less than what I had hoped.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5
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Last
10.5¢ |
Change
-0.010(8.70%) |
Mkt cap ! $241.3M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $332.4K | 3.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 901719 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 656239 | 10 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| MEI (ASX) Chart |