MGT magnetite mines limited.

Ann: Annual Report to shareholders, page-9

  1. 563 Posts.
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    We have already seen the board restructure so that will save significant cash.

    2 million is guaranteed coming from Mahe capital.

    No we just have to hope this deal with JFE Shoji is signed within the next 4 months and a cash injection comes with it. I just hope they spend the money responsibly and not on round the world trip and the Board boosting their own remuneration.
 
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Mkt cap ! $11.49M
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