AEV 18.2% 1.3¢ avenira limited

whats wrong with mak, page-14

  1. 13,187 Posts.
    lightbulb Created with Sketch. 2687
    lol sigmadelta...that was very funny.

    Had a quick look at the top 20 shareholders list to see if anyone is a likely seller and I must say that Indo Mines stands out.

    Their cash burn for the last quarter, ending 21/12/2008, was $764k (down 600k from previous quarter), which left them with $416k in the kitty. Now, whereas they have secured $5m in funding, this is subject to the following, of which both events have not occurred to-date:

    • the facility will be subject to due diligence being conducted by Anglo Pacific Group PLC; and

    • the facility will be subject to shareholder approval where appropriate.
 
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1.2¢ 1.4¢ 1.2¢ $98.18K 7.781M

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2 1937638 1.3¢
 

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1.4¢ 3834125 4
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