Majestic Gold Corp. V.MJS

cash flow calculation + mine acquisition plan

[richard45161]

Prospect: https://www1.hkexnews.hk/app/sehk/2023/105923/documents/sehk23112201280.pdf


as indicated by some hints in some of the subordinate clauses in the MDA for Q1 and Q2 23,
the increased production for 2023 is out of the Window.

Forecasted revenue is now 55-60 Million US Dollar revenue for 2023. (lower than 2022) Its enough to establish a marketcap right under the cash reserves and of course, please do not benefit the shareholders.
.pdf page 734

Feasibility of our acquisition plan is now expaniding from 31.01.2024 till 30.09.24. The IPO should be done before starting this process? But hey, these clowns have gave us so many laughs before - good chance we have a tragic comedy again
.pdf page 160


So officially another lost year in the books for sharegholders and the prospect of another months of silence and neglect from the circus and the clowns in charge.

Is anything helping whats in the prospect, other than its the same plan with different dates, no. The Plan menas nothing with the history here.

I'm curious to see which fairy tales are thrown into the room here again without justification but with meaningful ... (pretty little dots at the end of each sentence :D )

Best as always 
richard

[Armitage45]

No dividend? Really? Did you read carefully enough? Ok . but next time for sure! ;-) Except they spend all of our money for sponsors to get the listing in order to keep their jobs. They can play this game for another two or three years or maybe more with a little spike once in a while to let us think that "there is sth going on", that "s.o. knows more" or that "bracketed

[richard45161]

Your posts are not of interest for me, I couldn't care less about baseless opinions and your constant "I told you so". It's the same discussion like in the German forum...its not about being right, it's about the arguments that are the basis for your conclusions/opinions. What is the problem? The mine is constantly making cash since 2 years with a stable macro/microeconomic

[Freddy1989Germa]

I know that many people would like to see a dividend, but first it would be more important to reduce the company's debt to zero.   and either go through with the IPO or cancel it.   What advantage should the IPO bring