Mt Bevan's Large Magnetite Deposit, page-40

Like I have said before......nothing new here! And again a small handful of people own the lion's share of this stock. What makes anyone think management has any consideration for retail holders.

The way this company behaved when NMDC was coming on board is nothing short of criminal. It was sold to us that NMDC are government owned and have billions at their disposal so we'd never have to capital raise again by diluting the share pool. We were told that when we need capital to prospect NMDC would provide the line of credit with little to no interest. Promises, promises promises old mate Sharon made all of us before selling out to the Indians.

I'd love to be wrong but all the red flags are there.