Ann: Quarterly Activities Report, page-38

time well tell is what many where saying 18 months ago...........what that time has told us is the company has continued to struggle even after significant new investment..........so many excuses the latest being water supply issues.
Reality is the balance sheet continues to deteriorate when it should have been improving so the void between the both is big.
This is this is nothing new for the gold industry and even if things do improve I predict MOY will only ever exist to pay back the bankers and trade debtors after having been forced to stretch out debt repayments whilst senior management convince SHers of better things to come.