MEU 2.63% 3.7¢ marmota limited

Ann: Quarterly Activities and Cashflow Report, page-3

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  1. 526 Posts.
    lightbulb Created with Sketch. 154
    Not sure what potent wood ur smoking Jwoody1000 but to suggest they will need to raise cash is miles off the mark!

    the company has $4mil in the bank, spent $300k last qrt. At that rate won't need to raise money for another 11 more quarters!

    all upcoming drilling is well covered, and some

    if anything MEU is good at doing, it's not over spending and moving cautiously (and slowly) with shareholders money
    Last edited by 392649: 28/07/23
 
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