RMX 0.00% 0.1¢ red mountain mining limited

Ann: Company Update, page-53

  1. 6,412 Posts.
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    Decided to sell out for now, was here for the lithium project, lost all faith if any I had left in management, not great thing at all. Was a strong advocate with the new management, the Geo's research in the area and promising outlook, but very poor form from management in my view.

    Cobalt project looks promising but what started with new, decent management turned to terrible with delay after delay. Not even sure the Cobalt project will go ahead with this track record now.

    Always plenty of time to buy back in later should things look better, but management have shown poor form with the lithium project and delay after delay, can forgive those things with good results but not like this.

    I'll be watching though, as stated, can always buy back in.
 
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