cap raise imminent, page-9

It

It is best to address the stock sensibly rather than attacking the poster.
Mr Hardwood has a relevant and legitimate point that MUS will
need capital sooner rather than later

Cash @ 31st Mar: .....................$3.143 mil (Mar Qtr report)
Cash burn June Qtr..................$1.747 mil (Mar Qtr report)
Shares sold Res #3....................$0.6 mil
Payment to Regius (EGM).......$0.1 mil
Likely cash by 30th June .........$1.896 mil
Income forecast post October Auction.

Water problems have been reported since 31st Mar which could mean more expenditure.
How much?

There are also admin/accountancy costs immediately post 30th June.

IMO, MUS will not let cash reserves drop below $1 mil. If that is so,then MUS will likely require cash
by the end of July, IMO. Your pick as to how that is achieved. MUS has committed ruby stock to
the October auction which greatly limits its source of cash before that.

Again, HC forum is intended to discuss the stock; not to personally attack a fellow poster's character
with reference to "cut and paste for dummies" or derogatory reference to the poster's name in the form of a joke.