Australia's largest stock trading and investment forum Australia's #1 stock forum

MNE

Click for more information

5.26%

3.6¢ metallum limited

future mne outlook, page-145

First 145 Last

Share
Profile

Follow
wabbit

4,299 Posts.

28

07/07/14

14:56

Post #: 13622566
Share

Originally posted by shooshka ↑

we know first payment ($750k USD) is due 6-weeks from today if we want to continue with the project. We also know that $250k is due every 6-months after that.

cash is going to be tight, unless they can get the first delivery to the mill quite quickly from here on in, and at commercial grades...

the quarterly will be interesting, but hopefully we have positive confirmation well before then.

Expand

We have to earn an average of $200k a month for 36 months to pay$7.25m for the lease after we have paid the $750k

MNE Price at posting: 2.1¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Emerald & Azure score Digger & Dealer awards

Revolutionary inverter technology leads the clean energy charge

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

TNC

True North increases silver metal at QLD's Vero deposit by 20%

Bitcoin: Current State of Play & Where to Next | Swyftx

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

There are more pages in this discussion • 25 more messages in this thread...

First 145 Last

Add MNE (ASX) to my watchlist