middle.news
Mako Gold Draws $500K Amid Aurum Takeover, Faces Funding Crunch
6:44pm on Sunday 1st of June, 2025 AEST
•
Mining
Read Story
Mako Gold Draws $500K Amid Aurum Takeover, Faces Funding Crunch
6:44pm on Sunday 1st of June, 2025 AEST
Key Points
Mako Gold’s cash outflows driven by exploration and evaluation expenses
Drawdown of $500,000 from Aurum Resources’ $1.5 million loan facility
Cash and equivalents at $639,000 at quarter end
Estimated funding covers only 0.86 quarters of operations
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
MKG
OPEN ARTICLE