And how did the Mt Mull aquisition turn out vert?At the time they purchased mt mull for around $1million,it seemed very cheap for a project purported to contain up to 500million tonnes of coal,almost too good to be true,yes???As it turns out it was too good to be true.Now fast foward a few years and mnm have purchase Norton for a measely $300,000 grand,and the wheels are,again falling off the project.i contend that when management buy these projects,they know full well that they are garbage,but they also know that gullable punters with little or no knowledge of mining will read the announcements and believe the hype,and send the sp soaring,allowing the co to raise more cash,to keep themselves in a job.this is WA inc at its best,and how the game is played in the wild west.Only touble is that mnm has burned its bridges too many times,and the Norton aquisition did nothing to boost the sp as the market is awake to the game.Now they have to justify why Norton will not go into production,and today was the first step to admitting this is another dud.Its going to be very difficult for this co to raise any funds in the current market,especially with their track record.And fairdinkum,to be quoting drill hole results from a neighbours tenement just illustrates what a lack of governance and integrity this company posesses.
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