MHL
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0.00% 0.3¢ monitor energy limited

director still holding, page-31

  1. leidseplein
    505 Posts.
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    15/01/09
    10:39
    Post #: 4693677
    Alex,

    SOME companies with great tenements but little cash can continue on with prudent mangement with a tight rein on expenses. Sadly, MHLs management team is neither prudent nor tight with the finances. For all long suffering holders I hope there is a light at the end of the tunnel, but I just cant see a way forward. If they couldnt negotiate a farm-in whilst in the midst of the biggest resource boom in living memory plus oil at $140 a barrel, what hope have they got now?
    MHL Price at posting: 0.3¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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