MCR
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0.52% 96.5¢ mincor resources nl

I'm trying to figure out how long MCR's cash will last? It was...

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  1. Gareth
    1,631 Posts.
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    13/08/15
    23:51
    Post #: 15805025
    I'm trying to figure out how long MCR's cash will last?

    It was $50M down to $33M in a year (i.e. $17M) - I guess no having div will save $7.5m and if they close/put on hold the more expensive mines then... would that mean about $10M burn a year?
    I guess it depends on lots of factors I've not mentioned.
    MCR Price at posting: 33.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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