Cash on hand is $4.3 mil (excluding gross profit of $713k from auction) as at 31st October, which posted in todays ann, so the company has working capital.
They will be going into hibernation and focusing on their current stockpile (of what exactly?) so costs will scale back and there should be no need for CR anytime soon.
Anything could happen over the coming weeks and I daresay after tomorrow's carnage their will more than likely be a decent exit point for those willing to wait a little longer.
IMO.
MUS Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
