MOY 0.00% 5.1¢ millennium minerals limited

News: Video: Interview at the RRS Conference, page-11

  1. 7,726 Posts.
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    You know, the more I think about it the more I feel that was a very odd statement to make, especially when you're trying to sell the fundamentals of your company.
    To say that with three rigs on site, a 100,000+ metre drilling campaign you hope to have a 2 year LOM at the conclusion of a $10m outlay???
    Most would be spruiking they expect to substantially increase LOM but Mr Dovaston just coyly stated he hoped to have that as a "minimum".
    We basically already have a 2 year LOM, ok we need to replace ore during the year but to me I think Mr DOVASTON is being a little too Coy!
    Keeping in the spirit of under promising and over delivering ????
    What's others thoughts?
 
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