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4.76% 2.0¢ mineral commodities ltd

Hi spid, IMO if they don't have a cash injection now, ie maybe...

  1. Fulang66
    99 Posts.
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    26/06/22
    18:03
    Post #: 62213334
    Hi spid, IMO if they don't have a cash injection now, ie maybe AU Mining might do a loan at 25% interest as before as I don't think a CR would happen unless they have balls of steel and know exactly when the inland strand can be processed to comply with the DMR. As I said before 2.2m USD in bank last quarter then gave 500k usd to the former CEO.Diesel prices are going thru the roof which would be in the top 3 expenses,after wages and transport of workers. Also have a fleet of rigid cat trucks to be used for the inland strand sitting idle with monthly repayments. So in my opinion it don't look good. Dyor
    MRC Price at posting: 8.5¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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