On my understanding MUN is cash flow positive after ALL expenses.
With gold now looking like it is finally starting to take off in US dollars PLUS the AUD price now showing movement -it is over $1180 - and the move in gold starting to be reflected in a rerating of gold equity prices, cash will not be an issue for quality junior gold companies.
Think about when uranium was flying and uranium hopefuls with nothing but dirt were able to raise millions and millions of dollars!
MUN is a cash flow positive junior gold producer with an outstanding future production pipeline...
MUN Price at posting:
38.1¢ Sentiment: LT Buy Disclosure: Held
