Very comforting to see that Admin is only around 10% of the cash burn,
Most of the money seems to have been spent on Exploration ie drilling and sample assays. As I have been saying for quite some time, they now need to mothball further exploration and concentrate their remaining cash on developing a mine to exploit the already proven resource.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $241.3M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $312.2K | 2.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 631555 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 768107 | 6 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| MEI (ASX) Chart |