MRC 0.00% 2.7¢ mineral commodities ltd

Ann: Quarterly Activities Report - March 2022, page-135

  1. 142 Posts.
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    Spid
    Below is why I think they are going to need to raise money.
    In particular the last 3 minerals on the table is where they are hurting most.
    This is not enough to fund the group operations, even if Skaland was breaking even (which it isn't).
    One must be reminded they are selling concentrates not finished product, so market prices that are available cannot be applied to production numbers below to assume turnover.
    https://hotcopper.com.au/data/attachments/4423/4423429-e11555db4ae86ed9d30c78ff3f9e4dbb.jpg

 
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