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Last A$0.08 AUD
Change Today +0.001 / 1.28%
Volume 5.0K
MAK On Other Exchanges
As of 11:52 PM 05/25/15 All times are local (Market data is delayed by at least 15 minutes).

minemakers ltd (MAK) Snapshot

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52 Week High
08/26/14 - A$0.11
52 Week Low
03/17/15 - A$0.06
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minemakers ltd (MAK) Details

Minemakers Limited engages in the exploration, evaluation, and development of mineral deposits in Australia and Africa. The company primarily explores for phosphate. It principally holds a 100% interest in the Wonarah Phosphate project located in the Northern Territory, Australia. Minemakers Limited is based in West Perth, Australia.

minemakers ltd (MAK) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: A$550.0K
Compensation as of Fiscal Year 2014.

minemakers ltd (MAK) Key Developments

Minemakers to Buy Rock Phosphate Project in Senegal

Minemakers Ltd. has entered a conditional agreement to acquire a potential near-term production rock phosphate project in the Republic of Senegal from Agrifos Partners LLC and others. The project advances Minemakers' focus on the nutrient and fertiliser sector and advances its nearer-term strategic objective of early cash flow with minimal capital expenditure and no technology risk. Highlights: strategic fit, potential near-term rock phosphate and longer-term improved hard process opportunity; scrip-based, aimed at preserving cash of $17.5 million (March 31); targeting low capex, low opex and early cash flow; demonstrated mineralisation from 15,000m exploration drilling; resource estimation work under way and planned for release in May; and preliminary metallurgical test work demonstrates ability to significantly upgrade product.

Minemakers Limited Announces Audited Consolidated Earnings Results for the Half Year Ended December 31, 2014

Minemakers Limited announced audited consolidated earnings results for the half year ended December 31, 2014. For the period, the company reported revenue was $391,623 against $567,936 a year ago. Loss before income tax was $1,795,795 against $1,325,327 a year ago. Loss for the period attributable to owners of the company was $1,785,059 against $1,325,327 a year ago. Diluted loss per share was 0.72 cents against 0.54 cents a year ago. Net cash outflow from operating activities was $1,569,169 against $716,806 a year ago. Expenditure on mineral interests was $1,005,037 against $1,884,853 a year ago.

Minemakers Limited, Annual General Meeting, Nov 19, 2014

Minemakers Limited, Annual General Meeting, Nov 19, 2014., at 15:30 W. Australia Standard Time. Location: The Celtic Club. Agenda: To receive and consider the financial report together with the directors' report (including the remuneration report) and the auditor's report for the period ended 30 June 2014; to adopt the remuneration report; to consider re-election of Mr. Richard Block as a Director; to consider appointment of auditor; to consider approval of additional 10% share issue capacity; to consider approval of proportional takeover provisions; and to consider proportional takeover bid approval.


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