Everything down today in Australia, mkt cap now.With cash at 30/9 at $3.4m, you can work out what the rest of the company is worth. No debt so company not going broke.
1 Market capitalisation ,747,919.10
Hardly a lifestyle company from the quarterly. Has to be the Canadians, definitely Li not in favour at the moment.
Related Party Expenditure (Items 6.1 and 6.2)
Manhattan made payments to related parties totalling $57,342 during the September 2023 quarter
attributable to agreed Director fees of $33,000 to Non-Executive Directors, consultancy fees of $24,000
charged by Mannika Resources Pty Ltd, an entity controlled by Kell Nielsen for the provision of consultancy
CEO services engaged on specific project tasks together with $342 in expense reimbursements.
During the September 2023 quarter, Mr Nielsen continued to reduce his monthly charge following the
Company’s shift in focus to the Canadian project.
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Ann: 2023 Notice of Annual General Meeting, page-36
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