MIO 4.55% 6.9¢ macarthur minerals limited

Ann: Renounceable Rights Issue Closes, page-5

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    I think there is quite some interest but it is unlikely to happen because of lack of leadership. It is unlikely that anyone is going to rally around a leader outside the top 20s.

    On another matter: Someone posted a comment about a $1 million shareholder loan some time ago.

    In light of this fundraising debacle my question is now:
    What is happening to the borrowings of $1million as listed in MACARTHUR MINERALS LIMITED CONDENSED INTERIM CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2023 ?

    Anybody a clue?

    Last edited by CroMagnon: 02/04/24
 
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