Unfortunately the terrible cash burn and director loans with interest(!) make this one to stay away from. What makes it worse IMHO is that they raised $10m back at IPO in March last yeat and have already spent circa. $7.5m..!! wow... It will be very hard for them to raise cash I would think...
There's not a lot of companys out there that let themselves get to under x2 quarters of cash remaining...
GLTA
- Forums
- ASX - By Stock
- 3MF
- Ann: December 2021 Quarter Activities Report and Appendix 4C
Ann: December 2021 Quarter Activities Report and Appendix 4C, page-5
Featured News
Add 3MF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Chairman
Nick Poll
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online