MKR manuka resources ltd.
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You might be correct. I am only going off of their statement...

  1. PhillW
    3,165 Posts.
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    31/07/24
    15:25
    Post #: 75007348
    You might be correct. I am only going off of their statement that they would use the majority of the proceeds on capital items etc, but cannot see;

    A. Any capital expenditure in the 5B
    B. $8M cash injection on the 5B.

    I think that tranche 2b is yet to occur, so there is $2.5M outstanding, but the quarterly dot points says that they completed an $8M capex.

    https://hotcopper.com.au/data/attachments/6349/6349981-c02b8d6802f9dc9e52b7d904591c371d.jpg
    https://hotcopper.com.au/data/attachments/6349/6349984-4060568038e21a7028785c04f29e648a.jpg

    MKR Price at posting: 3.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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