these Widge type announcemnets annoy the c__p out of me, there sould be a code of conduct for these announcements, why should a company be able to spent large amounts of capital without informing the share holders on why the decision was made, examples;
1)what was the due dilligence performed for this six figure expenditure
2) where is the evidence that supports this large capital expenditure, ie geology reports, what historical drilling has been done
3) who are the previous owners and what relationship do they have to the MYG directors (is this asset recycling to profit personnel associated with their own interests)
4) what value for dollars does this represent
5) where was the earn in expenditure spent or on what
6) what did the earn in expenditure provide, ie, geology information
these comments are directed at all exploration companies, not only MYG, I belive that Australian exploration companies in Africa are the worst for asset recycling, stripping money from share holders pockets, if MYG what to be seen as being honest punters they may want to be more transparent when dealing out large amounts of money
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these Widge type announcemnets annoy the c__p out of me, there...
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