I know its a Monday post, but:
- their average monthly administrative cash burn is $ 100 000;
- their monthly exploration cash burn is $ 200 000;
- opening cash 1 July was $ 1 023 000, therefore if they maintain their average spending, then they should have run out of money on Friday.
I can't imagine that the administration costs are variable expenses and I assume this expense includes salaries to directors, therefore I really hope they have not balanced the books by holding back on the exploration expenditure.
I hope this is not why the results are so slow in being released!
- Forums
- ASX - By Stock
- sinking ship
I know its a Monday post, but:- their average monthly...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MTB (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
-0.001(33.3%) |
Mkt cap ! $1.298M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $2.495K | 2.495M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 68407474 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 25091983 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 68407474 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 25091983 | 8 |
0.003 | 9424034 | 11 |
0.004 | 8597931 | 14 |
0.005 | 6694426 | 6 |
0.006 | 2250000 | 5 |
Last trade - 11.06am 01/08/2024 (20 minute delay) ? |
Featured News
MTB (ASX) Chart |