MTL 25.0% 0.2¢ mantle minerals limited

Ann: Mount Berghaus Gold Results, page-30

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  1. 869 Posts.
    lightbulb Created with Sketch. 69
    Rattle the tin - $777k in bank end of quarter b4 they pay their creditors

    Indeed, this is wildly inaccurate. Cash is always a worry for a junior explorer until they hit paydirt.

    Here is the reality. We have NO creditors. See the image below from the 15 July report for June 2024 quarterly activities.

    Out of the six aggregations of tenements owned, we could sell four of them (Yule, Highway, Columbus and Ohio) and still have Mallina/Mt B and Roberts Hill left over OR otherwise dilute ownership with another CR.

    https://hotcopper.com.au/data/attachments/6347/6347919-52424a5428fb604ddc859ede3f65fd9f.jpg

 
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