Win us with honest trifles

Mako Mining (MKO.v) in its own words

When the Tweeting stops and the legally binding words begin. From the annuals filed by The Baby Shark, this evening:

Based on the Company’s construction, development and exploration activities in Nicaragua and its current level of
spending for general corporate purposes, the Company will require additional funding within the next twelve months.
The Company has historically raised funds through the sale of securities. The Company expects that it will continue to
obtain funding through similar or other means depending on market conditions and other relevant factors at the time.
However, there can be no assurance that the Company will be able to obtain such additional funding or obtain it on
acceptable terms.

The upcoming financing on top of the 656,756,484 shares already out, the $15m term loan and the $6.34m they just borrowed. But hey, look at the shiny gold! High grade, y’knowz…

1 Comment

    PM Me Againistain 28/04/21 10:21 pm

    Nothing that couldn’t be solved with a rollback and a name change.


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