MHL 0.00% 0.3¢ monitor energy limited

santos jv with mhl, page-96

  1. 89 Posts.
    Leidseplein

    "they burn through about $1mil a quarter just in admin"

    Exactly and what do you think they are spending that on.You guys sadly think its nothing when in fact oil exploration is an expensive exercise and once resource is proved up cash is no problem either through JV,or raising funds through a higher sp once market is fully informed of the resource.

    Alex
 
watchlist Created with Sketch. Add MHL (ASX) to my watchlist

Currently unlisted public company.

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