Ann: New Drill Results from Morning Star and Rose of Denmark-MNM.AX, page-95

Given the current state of MNM, they'd be lucky to get the next raising away at 0.5c. Then there's undoubtedly more funds to be raised to get Morning Star to production.

Holders had better hope MNM are able to dispose of some of their "non-core" assets to raise some $$$, but I suspect many of these are worth diddly squat. The fact that Mantle sat on some of these projects for years without progressing them tells you they aren't exactly diamonds in the rough. Norton is probably about the only one worth anything to anyone - and I wonder if they'll even come close to recovering the funds they poured into that one?

From the last set of accounts, it's clear that Norton WASN'T funded to production, otherwise there would be more money left in the kitty right now. Alternatively, where did it all go????