js and h
your posts are most interesting, but lets look at moy from the beginning, a new company, new infrastructure and expected to produce between $40-60 million per year after start up, out of that a pay back scheme to reduce debt which would have been achieved after two years.
so what in fact occurred, initial sp around .07c fell to around .03c, then a consolidation 10-1, sp .40c, today .115c, then a $7m loan from imc
whats happened in the meantime, ah yes it rained, and trucks couldn't use the roads, at least the shire fixed the roads, what has the bod done to fix all this another hedge at almost 1/3rd of production for next two years, so I ask,
what is our bod doing for the next two years now that they have secured the future of moy, still receive their remuneration no doubt, how many meetings will be held, what do they anticipate talking about, ah yes pog and the weather.
- Forums
- ASX - By Stock
- MOY
- Ann: March 2014 Quarterly Activities Report
Ann: March 2014 Quarterly Activities Report , page-47
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MOY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BM8
BATTERY AGE MINERALS LTD
Nigel Broomham, CEO
Nigel Broomham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online