you are assuming they work on this company 38-40 hours a week, every week. It doesn't take much research to figure out these guys are involved in more then one company.
Surely no one holding this stock, can possibly say with the information that has been provided and past history, that they are confident that these guys are capable of pulling this off.
How many new avenues can there be to try and increase the quality of the ore? Surely someone with experience in Iron Ore, could have had a clear strategy for testing the ore earlier, to get the best possible product and have it to a potential customer earlier. Its been 2 years !
This just seems like a merry go round of the same information being presented (but slightly tweaked).
In my opinion, this seems like a management team and company that is fizzling out and not heading towards production. I would love to be proven wrong, but just calling it like it is.
MGU Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
