Well well well...the sword has fallen.
I would love to say 'I told you this was a dog' but I cant becasue I didnt listen to myself as I being fed so much dribble. I wonder what the brokers who received the roadshow from ME not too long ago think now?
ME must have been pushed and my guess is by the Chinese who invested $17Mill.
Writing was on the wall a few weeks back when Andrew was upgraded to Executive director even though he did very little to add shareholder value as a non-executive.
ME had run this into the ground. If only we can move Andrew and Jade, then the company will be in better hands.
We are at cash backing now and with the major fund raiser on the board, we should see better days ahead after a small sell off.
The company is wasting precious time not drilling given the good weather in Mongolia. How hard is it to design a drill program and sink a few holes. They should really clarify what the hold up is becasue the market has punished them and rightly so.
Its sad to think this was at 18.5c pre consolidation a year ago.
MORE HEADS DEFINITELY NEED TO ROLE!
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