There are some smart posters here (not a lot) and some really, really dumb ones - Q1, Q2 et al but the facts are:
the mine is on care and maintenance
the mine does not have an economic resource at Woods Point as yet - let's await some Gap Zone drill results
the Russians have not withdrawn because of lack of funds - the lead lender has a net worth of $16 billion - let's look at a take over by bullying by individuals who have no interest in Australia and the welfare of it's rightful owners of our resources as a scenario
Nick G might well pull a rabit out of the hat but the end result will be a huge dilution in shareholdings.
Ramping has been endemic on this site and has been detrimental to a genuine group of seed investors who started off supporting a real attempt at reviving Victorian gold mining.
For the sake of MCO's future we should beg those afore mentioned dumb posters to desist and let the people who understand the industry get on with their jobs.
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