Toll was a fairly respected mining engineer and if he thought it was worth over 10 billion just 3 years ago with the same information we have today it is fairly resonable to expect that the company does have value but the administration process is not revealling that value to shareholders. Incompetence or strategy I don't know but one thing for sure Toll and YAG would not have lent nearly 40 million each to a worthless company unless they are two of the worst business analysts
imajineable. So there is reasonable evidence that value exists in the inferred resource and that an economically viable metal extraction technology also exists.
imaginable.
So
- Forums
- ASX - By Stock
- administrators are accountable
Toll was a fairly respected mining engineer and if he thought it...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CMR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online