I couldn't agree more. It should be noted from the Shareholder Update, dated September 2016, that since Dr Rose became chairman of the Board, Marmota now runs the entire non-exec Board for a cash cost of only $17,001 p.a., consequently, it can be safely assumed that most of the monies raised under the SPP will be channeled into exploration and NOT administration. Good on you Dr Rose, that's what a genuine exploration company should be doing for its shareholders!
Ann: SPP Announcement-MEU.AX, page-6
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3.7¢ |
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Mkt cap ! $40.20M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.7¢ | $5.295K | 143.1K |
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| Price($) | Vol. | No. |
|---|---|---|
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| MEU (ASX) Chart |