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5.1¢ millennium minerals limited

Sorry MOY holders, I did flag this with you all some time back...

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03/12/19

14:55

Post #: 41770988
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Originally posted by NikolaL: ↑

I picked this was bad investment when I asked them for exact cost of their (from memory) 1b plant upgrade. They would not provide numbers but only said "small change in the big scheme of things". I reported this here and was told "get out if you can't handle risks" and was called all sorts of things. There were few of us rising red flags trying to make people aware of the potential issues.
I did sell with a profit and have to say was lucky.
When MOY repeatedly kept missing targets still some people would say "we should be fine from here one as we are over the worst".

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Sorry MOY holders, I did flag this with you all some time back and got pol-axed for mentioning a failure on its way.

You have lost it all - the parent will take everything under a DOCA as the senior debt holder - Do not get your hopes up for a restructure, wont happen.

Tax loss coming your way.

RT

MOY Price at posting: 5.1¢ Sentiment: None Disclosure: Not Held
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