To add to this I suppose what or how much money is spent on evaluation and exploration in the following quarters but I could really see much to suggest this aside the 1.5 million for next quarter.
Obviously they will get a query from the lads come end of next quarter given cash on hand around then will be under a million.
Hopefully before then Artemis secrecy will be sorted and share price will be well above current levels which will be good for those wanting to exit or for the Company waiting to raise capital (less dilution).
Must bear in mind that even at twelve cents for MOG to be around MEO'S market cap they could add another 1.2 billion shares to their coffers at 13 cents!!!
MOG Price at posting:
12.5¢ Sentiment: ST Buy Disclosure: Held