MPJ 0.00% 0.0¢ mining projects group limited

Recover to Breakout on Lithium play, page-171

  1. 2,238 Posts.
    Well Contra if I am reading the financials right and I would like to think that I am..MPJ have $190,000 in Cash and the CF from operations is 500k per half year. that over $1m full year..boy are these directors paying themselves. Its over.

    They have stripped cash by virtue of $750k in salaries and $1.5m in last year from the balance sheet to sell a CR based on unproven rocks they could have lifted from next door.

    This one is Dodgy city.

    Invest at own risk....I am running away from these geese....now I have read that.

    This is classic Pump inDump and they know aint no ASIC down here.

    Hope this helps holders take profits and bail....can I suggest Holders read financials....or what am I missing.

    This company has negative cash right now.

    Best.

    GG
 
watchlist Created with Sketch. Add MPJ (ASX) to my watchlist

Currently unlisted public company.

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