M4M 5.41% 3.5¢ macro metals limited

Ann: Placement, Board Change, Acquisition of Exploration Licences, page-30

  1. 205 Posts.
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    Thanks Barry,

    I am guessing they have a bit under $3m given their G&A, which is running at $1m pa. Thinking about cash to the end of the year, they prob have around $2m for ops, although any sensible company would hold back at least $500,0000 to not endanger the company, so maybe more like $1.5m exploration budget for 2024. I can’t believe that is the limit of their ambitions…..



 
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