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18.6%

3.5¢ macro metals limited

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

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Tigerthecat

188 Posts.

172

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 -0.008(18.6%)		Mkt cap ! $113.1M

Open	High	Low	Value	Volume
4.7¢	4.7¢	3.4¢	$1.757M	44.45M

Buyers (Bids)

No.	Vol.	Price($)
2	706449	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	335738	3

View Market Depth

No.	Vol.	Price($)
2	706449	0.035
5	2420796	0.034
4	562796	0.033
4	497625	0.032
4	719354	0.031

Price($)	Vol.	No.
0.036	335738	3
0.037	233713	1
0.038	261000	3
0.039	360000	2
0.040	950000	3

Last trade - 16.10pm 14/05/2024 (20 minute delay)


Last 3.5¢			Change -0.008 ( 26.0 %)
Open	High		Low	Volume
4.7¢	4.7¢		3.4¢	32057953
Last updated 15.59pm 14/05/2024 ?

M4M (ASX) Chart