MRL 16.7% 28.0¢ mayur resources limited

A shame management has no credibility to deliver as this looks...

  1. 111 Posts.
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    A shame management has no credibility to deliver as this looks like a real game changer for any company with credibility. If price stays at these levels - impossible to raise debt without selling the farm to the debt guys and shareholders left with scraps. If Orokolo Bay had been in production by 2019 per prospectus and the cement business funded, and the Industrial Energy Park and Power Purchase Agreements completed, and Adytin copper hits followed up, this announcement would be seeing the price rocket past $1.50 instead of $0.07. The founding shareholders must have put at least 2x the current mkt cap into the company initially and be a little nervous. Hopefully this deal is more than the past hot wind marketing hype and gets traction for everyones sake including PNG locals and the environment. Good luck
 
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