G79 0.00% 2.7¢ goldoz limited

MUS cash position?

  1. 7,026 Posts.
    lightbulb Created with Sketch. 181
    MUS Ruby Auction Disaster of Giganteum Proportions!

    Multi-millions expected to be raised, only paltry $713,456 delivered.

    Now to MUS's Bank Balance and Cashflows!

    See Sept 2017 Qrt Cashflow Report:

    * $5,659,000 Expenditure for past 3 months
    * $736,000 Cash left at end of Qrt
    * $3,847,000 expected this (Dec '17) Qtr

    Cash Shortfall: est $3,111,000

    Conclusions: Given disastrous Auction Sales, where the cash now? Where's it coming from?

    Note: all above stats are MUS facts.

    IMO, the failed Auction is not the only bloodbath for MUS shareholders.
 
watchlist Created with Sketch. Add G79 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.