MRQ 0.00% 0.4¢ mrg metals limited

Funding looks okay as well.back of the envelopePlacement to...

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    Funding looks okay as well.

    back of the envelope

    Placement to 708s, in $600k -Aug.

    . approx. $740k in cash end of last quarter

    Add further $200k placement - Oct.

    Subtract Estimated operational expenses this quarter $450,000. The large increase planned in December quarter , mostly due to increase in exploration budget, not management related expenses, Tick.

    So therefore roughly $500k left in the cash account , end of This quarter. No nasty CR surprises imminent , tick

    Gregory family recently kicked the can to become substantial shareholders, tick.
 
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