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0.00% 4.2¢ magnis energy technologies ltd

627 million tonne - at shallow depths, page-5

  1. Roger07
    54 Posts.
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    21/11/13
    11:46
    Post #: 12599984
    Anyone hazard a guess at the timing of the next capital raising?

    1.22m cash at bank at end of last quarter, outgoings of 855k predicted for this quarter.

    If story gains momentum, temptation will be for Directors to do a larger than required raising (it's tough being a junior explorer) but that = dilution.
    MNS Price at posting: 13.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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