MAL matilda minerals limited

has the kiernan curse struck again

  1. 645 Posts.
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    Trading halt called today in light of strategic review of financial position. One director jumped ship yesterday so it might be ugly.

    Meanwhile over at other outstanding Kiernan investments its struggle city with OLY which never seems to be able to sell anything it produces and burns cash at pridigious rates and TTY's 15% holding in NMI is looking very sick with three directors jumping ship in a month,its recent SPP pulled for lack of support and after spending money like a drunken sailor in its two year life the big question now is "show us the money".

    With such an oustanding ability to select complete and utter dogs in MON, OLY, MAL and NMI (and big questions over IRL and URA) why would any investors let Kiernan loose with their money again.
 
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