RE: eyes on the prize..8 Nov 2017 10:11
Nice summary Quadrum.
It’s also worth mentioning that MAFL also has a stake in Cap Energy, an unlisted oil exploration company with 3 offshore oil & gas fields, which we could hear news on at anytime.
In addition the company has no debt, very low cash burn, and plenty working capital (just under 1 mill in cash) and (I think) around million or so additional to cash is invested in Gold, Silver and Platinum ETFs, which are easy to liquidate if needed.