Good Questions Stocks- I know MNM has a very small cash burn rate as they only have about 5 emploees as far as I know.
I am under the impression that we should have some money coming in for a few different things but not sure of the amounts and exact timing..
We are in process of trying to sell a Phosphate asset which could bring in 500K if I recall corectly..?
Calcifer will be paying us a few hundred K in courts costs as per the mt Mulligan court case?
I hope/think we will be getting some money from Exergen as I am under the impression that the BM drilling costs were shared equally?
Sorry I don't have the exact quotes/figures off the top of my head BUT MNM has a few months before they need to raise cash. We are expecting the BM JORC in July and many more announcements so I am hoping we do a raising after some good news when SP is closer to 20 cents...
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Good Questions Stocks- I know MNM has a very small cash burn...
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