G79 0.00% 2.7¢ goldoz limited

out of cash

  1. 5,985 Posts.
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    smells like capital raising efforts underway
    everybody here surely knows this so i don't know why the big coverup in discussions


    ruby auction was a fizzer
    then roll out apparent world beater graphite announcement


    facts are

    $736k cash at end of september


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    $713 cash from ruby auction

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    total cash $1.49m of which about $300k to $700k was spent in october but maybe more based on $5m per quarter

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    leaving about ZERO cash about now

    everybody selling knows MUS is in a lot of trouble because nobody will put money in except at a BIG discount and for a lot of shares. not advice to buyers but please be careful. MUS could go into a trading halt to raise money at any time or worse go into permanent suspension because they cannot raise money

    just my thoughts
 
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