What I wrote one month ago : "What I don't understand is where MRC will find money to invest in Tormin (mineral separation plant), Skaland (many projects), Munglinup (new mine). From cash-flow ? Not possible. From debt ? Not possible because of small cash-flow. From a massive capital increase ? Yes, it could be a solution even if it's really bad for shareholders..."
https://hotcopper.com.au/threads/ann-june-2022-half-yearly-results-summary-and-appendix-4d.6931774/page-32?post_id=63505431
Management buy some time. Cash-flow will be the key for next months.
What I wrote one month ago : "What I don't understand is where...
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.61M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 104067 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 80000 | 1 |
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| Last trade - 16.12pm 06/05/2024 (20 minute delay) ? |
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