E25 2.00% 24.5¢ element 25 limited

According to their latest Q report, MZM holds about 3M$ in cash...

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    According to their latest Q report, MZM holds about 3M$ in cash and 7M$ in ASX stocks. Total 10M$ in liquid assets. Their mcap is currently 18M$. This leaves just 8M$ as EV for the whole Manganese project!!

    From the 7M$ portfolio 5M$ is placed in Danakali shares (a low cost potash producer) while the rest is mostly placed on Australian gold prospectors. A fair composition all in all and fairly steady.
 
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