$70m in the bank at end of March - do you think they have had a positive cashflow quarter? Suspect this is less
They also have $123m debt that you seemed to ignore.
EV closer to $200m at this share price.
By all means play a bounce trade but at least do some basic research and not talk crap. And you got two GA's for that......
Ann: Mt Morgans Operation & Corporate Update, page-78
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