Ann: December 2024 Quarter Activities and Cash Flow Reports, page-6

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Giantpandastock

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31/01/25

18:09

Post #: 77651787
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Originally posted by Gratton44: ↑

FFS, they are basically trading insolvent... debt near A$37M??? It reminds me of the old Cudeco days where they borrow enough each quarter to pay off one person, then borrow the same amount plus a couple of million from a new person and spend a bit of whats leftover. Then repeat the next 3 months.

I also note the following - "Manuka continues to progress with the evaluation of installing of a processing plant at its 100% owned Mt Boppy gold project" - so they've gone from "we are buying it" about 2-3 quarters ago and supposedly spending A$5M on the purchase to now saying they are 'evaluating' an install. So they haven't bought anything yet and have just pissed the money away?

$800K on staff costs?

What more is there to say???!!!

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Gratton calm down haha it’s been the case for ages.

Seems like they are determined to just rely on NZ which is not possible.

Can’t be much longer before it goes down we can all just stop ranting

MKR Price at posting: 2.4¢ Sentiment: Sell Disclosure: Not Held
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Last 3.7¢		Change 0.000(0.00%)		Mkt cap ! $30.84M

Open	High	Low	Value	Volume
3.7¢	3.8¢	3.7¢	$17.8K	480.0K

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Price($)	Vol.	No.
3.7¢	312242	3

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1	10000	0.035
2	135709	0.033
1	3187	0.032
2	30000	0.029

Price($)	Vol.	No.
0.037	312242	3
0.046	26886	2
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0.050	1644843	4
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Ann: December 2024 Quarter Activities and Cash Flow Reports, page-6

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