I heard the AGM was full of fluff and from what you guys are saying here...It was!
First and foremost they need cash. Yes, yes, I know...so many options and yet, so little progress.
They want a decline and plant - that's nice.
I want a Ferrari and a Playboy mansion.
NG talks of a billion dollar company - that's nice too.
Maybe he should just start with $2 million cash input.
I hear they were just 100k from the greatest ore body on earth when they mothballed it. It reminds me this poem from Edward Dyson.
We go pushing on when the mirage glints o'er
the rim of the voiceless plain,
And we leave our bones to be finger posts
for the seekers who come again.
We worked the shallow leads in style,
And hunted fortune down the drives,
And missed her, mostly by a mile-
Once by a yard or so....
Well now that they have some emergency funds at hand, it shouldn't be a problem.
These characters are real amateurs. They don't now how to keep investors informed and don't seem to know simple regulations. When you have price sensitive information, it must be known to ALL investors.
It will be interesting to know how much emergency funds they have and at what price they were issued at.
You can't even sell 10k's worth of MCO without crashing the share price. A real shame this has turned out to be.
- Forums
- ASX - By Stock
- MCO
- agm
agm, page-13
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)