Great quarter with all the right progress made but a bit surprised with the expenditure to be honest. Love to know the breakdown of the 'exploration and evaluation' of $7m. Last quarter was $11m but from my memory a lot of that was licenses/acquisition costs. Is $7m per quarter the cash burn rate on exploration going forward? And I guess the drills are leased instead of outright purchased? That would make a better sense to be honest. $281k in one quarter for two drills, does that seem reasonable for the mining experts here?
- Forums
- ASX - By Stock
- MEI
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEI (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $338.3M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 17.0¢ | $99.87K | 587.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 1417696 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 378988 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5223 | 0.185 |
6 | 622216 | 0.170 |
38 | 1452723 | 0.165 |
29 | 1064317 | 0.160 |
18 | 4008265 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 64933 | 5 |
0.170 | 614785 | 11 |
0.175 | 905063 | 5 |
0.180 | 371846 | 4 |
0.185 | 1386728 | 6 |
Last trade - 10.04am 19/06/2024 (20 minute delay) ? |
Featured News
MEI (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online