MRO 3.45% 6.0¢ monaro mining nl

brr - jim malone, page-7

  1. 231 Posts.
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    They had some U tenements, then bought out UKL and got those (better?) U tenements, now added gold, so they don't have nothing exactly.
    Is this sp action simply what happens to little ones that go completely off the radar due to not being flavour of the day.
    Or is it down to:
    1) tenements not seen as promising (vs future funds reqd)
    2) management progress (or announcements) seen as less than satisfactory.
    3) people have lost belief in the management ability to achieve.
    4) people think this company is just an employment lifestyle vehicle for management (I know this a bit of a harsh thing to say)

    Surely management have some objective (either just get paid, or make a bundle on their shareholdings)
 
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