Appendix did not come through on the HC document.
Here is an extract from the ASX. When you add the $743K R&D cash incentive received after quarter end, MMA has sufficient cash for 4 quarters, excluding significant drilling.
Board clearly has time to allow the SP to rise on the back of commodity price rises, allow exercise of $15M options and then organise drilling. Board has a history of frugal capital raises to minimise dilution of existing shareholders.
Patience is the most important virtue for investors and most people lack patience.
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Mkt cap ! $47.88M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 15961 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 47939 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 15961 | 0.280 |
2 | 22000 | 0.275 |
1 | 18518 | 0.270 |
3 | 28097 | 0.265 |
1 | 38000 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 47939 | 2 |
0.310 | 20828 | 1 |
0.315 | 19456 | 1 |
0.320 | 10027 | 1 |
0.325 | 102255 | 2 |
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