by the end of Q2 2024, we have 8.2m cash and cash equivalents, staff and admin cost roughly 2.4-2.5m in Q2, if we assume this is the same and rarely other exploration activities. make it 2-3m consumed in Q3, then by now, we should have 5-6m in the account. Plus 4.96m from CR and 2m from SPP, we will be about 12-13m when spp completes.
1. do not just make up a number and speaking as if you have done the cal.
2. Stop making lies on the stock you are not holding and baiting others to your MAN.
i usually do not want to make any comments on the stock i don't hold. But i did hold some MAN before. The reasons I sold are - the MAN team is no where near professional. Yes they have 15m in account but the company is moving nowhere. Using the macro as a reason for not moving forward bit at the same time keep receiving salaries from the company? That is a lifestyle company and the share price does reflect that - MAN has no solid number to prove their resources, not even get a solid and valid JORC. - they choose DLE tech not based on commercialization fact but more on the fame. Doing business like being a movie star? I dont like that.
anyway better focusing on your own stocks and good luck to every investors
ASN Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)