MGU 7.14% 1.5¢ magnum mining and exploration limited

Ann: Quarterly Appendix 5B Cash Flow Report, page-3

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    if you compare to previous quarters , its not that unreasonable, coupled with the fact they appointed EAS for funding/strategic pathway opportunities last quarter.

    To me, the bulk of June qtr drill costs were incurred in March qtr up front, also the nature of their exploration/drilling, plus they did some low cos sampling, means thats its not really comparable to diamond drilling for goldies etc
 
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