MYG 0.00% 72.0¢ mayfield group holdings limited

shorts in panic, page-11

  1. 839 Posts.
    "as far as getting antsy about delays take a chill pill"

    Not sure about you 71 but I'm currently in a 6 figure hole with this stock alone. I have been a long time supporter of MYG and I do acknowledge the industry is rooted and needs to thaw as you put it. This I do not dispute.

    Over the last 25 years I have forged a career within senior management teams of a couple of ASX top 100 listed companies. Regardless of wether you are management of these type of companies or small cap juniors like MYG there is a level of corporate commercialism that one expects the senior teams to demonstrate . Carefully communicating to key stakeholders within the business is one thing - shareholders is another. It doesn't matter wether they are performing or not .

    Im not suggesting that there has been a dream run here - particularly in the last 3 months. Has the senior management team ticked a heap of boxes - absolutely - Permits - Sandstorm etc. etc etc

    I don't think anyone here would dispute any of the above. The Deflector deposit will be as impressive as the Aussie market will ever see IMO . It's huge !!! The biggest gristle I have revolves around communication and setting of expectations for the last 12 months - longer. By now they should be "hardened criminals" and crafty with their communications. Not so.!! So do I get value - justification for my loss at this point in time in this area.. Sorry 71 but that's a big fat no from me.

    Lucky I'm in it for the long haul !!!
 
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