OTCPK:MAUXF - Post by User
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Sell-on Jul 04, 2007 2:35pm
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Post# 13035939
READ THIS
READ THISHow is it possible to take a "long term outlook" when the cash situation is rapidly approaching crises levels?
There is NO long term without another highly dilutive financing. The longer it takes the more likely it ain't gonna happen at all.
they production start in Q4 2008 if the price hold high by that time.
Cash burn is real, its obvious, and it's getting worse.
The question isn't IF Co will fail without more cash, its WHEN it will fail without more cash.
company already surviving by 12% loan that recently abtain.