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4.76% 1.1¢ avenira limited

Ann: Minemakers Secures $15M Equity Facility , page-19

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  1. yellowcake
    13,176 Posts.
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    23/11/11
    12:27
    Post #: 9327762
    Trying to develop more than one deposit as a non producer in this economic climate is bordering on suicidal ... NMDC may well be interested in dealing but the MAK board is doing its best to weaken its position at the negotiating table. Its rapid cash burn is there for everyone to see and focus on multiple targets says to NMDC, walk away, assets will be cheaper in the future ... these guys spend beyond their means.
    AEV Price at posting: 29.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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