The confirmation of a another management failure.
Magma Metals (Thunder Bay)
Matso Resources (Mt Henry)
Apex Minerals (Gidgee/Wilsons now Gum Creek).
LanFranchi below value
Lost collectively about $250M of shareholders funds since 2009 and at the same time have continued to deplete their resource base by mining at breakeven or less.
Ann: Sale of Thunder Bay PGM Project, page-3
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