MOY 0.00% 5.1¢ millennium minerals limited

Ann: July Production Update, page-34

  1. 7,965 Posts.
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    you have a point on AISC but for publicly listed company to refuse to disclose the cost for plant upgrade means there is something wrong with the company.
    For your information I do invest in lot of small companies and I do understand the risks. Been doing this for longer than your age (most likely). The reason why I raised my concerns are to make people aware of how management behaves and to get shareholders to ask questions.
    This is why we have these forums. To exchange ideas and learn from each other.
    I hope no one loses money. I got out with a profit but I feel lucky. The fact MOY can't even put a number on what Stage 1b will cost means, in my view, the management is made up of rouge operators.
    Having appetite for risk is fine and I have lost money when assays did not show what we all wanted and made lot of money when they did. But always dealt with professionals.
    Giving money to rouge operators does not mean having appetite for risk - it just means being a fool.
 
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