MM8
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1.89% 5.4¢ medallion metals limited.

No need for a raise at the moment. 4.7m on hand - 2.5 quarters...

  1. chilledpain
    591 Posts.
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    29/04/22
    11:36
    Post #: 61097316
    No need for a raise at the moment. 4.7m on hand - 2.5 quarters remaining.

    Plenty of time before it's required and they've pretty much completed all the planned drilling for the first half of 2022 already so cash burn should slow down.

    Will be interesting to see what the MRE brings - should rerate the SP well before a CR is needed if it comes in as expected.
    MM8 Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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5.4¢ 		Change
0.001(1.89%) 		Mkt cap ! $16.61M
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