MRZ 9.09% 6.0¢ mont royal resources limited

Ann: Appendix 5B - Quarterly Cash Flow Report, page-2

  1. 5,516 Posts.
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    Not sure why this is sensitive , it’s a cash box with 85 million shares , spending next to nothng on salaries, admin and exploration.

    you’d have to think that the best scenario is an attractive going concern acquisition , clearly MRZ aren’t explorers , but they have credible connections that would tip in funds for the right deal. The share registry can handle another 100m issued shares, but at what price? Thinking out loud here.
 
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