MEY 8.70% 10.5¢ marenica energy ltd

another question for you bloodred ....what is is the minimum...

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    another question for you bloodred ....

    what is is the minimum ongoing annual spend required on all these recently acquired Namibian tenements

    at 31 March 19 MEY had only $1.1m in the bank, and a forecast cash spend for the June 19 quarter of $389k, so biased on this they only have about $700k left and with all these new tenements I am guessing the cash spend must go up

    where is the money going to come from?

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