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5.41%

3.5¢ macro metals limited

Thanks Barry,I am guessing they have a bit under $3m given their...

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Tigerthecat

200 Posts.

182

08/03/24

18:50

Post #: 72821169
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Originally posted by thebarry111: ↑

They had $1.4m at the end of last quarter.

They got another $1m circa from tranche 2 of the December raise early feb.

They have then got circa $1m from the placement they just did.

So they should have about $3m in the bank now.

They will get another $300K from the second tranche of this placement in may.

Not to be counted but the will also get $180K from a Government grant to drill out the Mogul project. they will also be reimbursed $400K if the Chilian lithium project they looked at (probably 1 in 10 at best they see that cash).

On the loose shares, I would say not many at this point. It seems like the top 20 are all buyers.

I think there was only one major share holder who sold in the past 12 months and he is a holder from the dark old days.

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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…..

M4M Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.5¢		Change -0.002(5.41%)		Mkt cap ! $125.9M

Open	High	Low	Value	Volume
3.7¢	3.8¢	3.5¢	$399.1K	11.04M

Buyers (Bids)

No.	Vol.	Price($)
10	1805320	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	282477	3

View Market Depth

No.	Vol.	Price($)
10	1805320	0.035
6	793071	0.034
8	3066584	0.033
7	2421531	0.032
5	1442580	0.031

Price($)	Vol.	No.
0.036	282477	3
0.037	591366	3
0.038	1749722	7
0.039	2651924	7
0.040	2673199	10

Last trade - 16.10pm 30/05/2024 (20 minute delay)


Last 3.5¢			Change -0.002 ( 2.78 %)
Open	High		Low	Volume
3.7¢	3.8¢		3.5¢	5150362
Last updated 15.58pm 30/05/2024 ?

M4M (ASX) Chart

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