Ann: $5m Placement at 7.0c Closed Stongly Oversubscribed, page-44

Expenses= money... if the company is going to run out of money where they get money from? Where got the money to buy fertiliser ?

The sales revenue from the last financial report is only $29,861 . The cost of good sales is -70k and the net loss for the period in 2017 is 7.1 million

You can't get fertiliser without money right? My point is MXC has LOTS of projects on hand but none of them are making any substantial revenue.

Now, on top of all these loss, we have another new project on hand that will cost AT LEAST 6 millions. Not only that, now it has already had 1.1 BILLION shares on market. Can we afford another CR if money runs out?


AIMO DYOR