The vespasian03 post was false and there are others that have been incorrect.
vespasian03's statement:
Not sure if people know that Maldon is now on Care and Maintenance (both the mine and treatment plant)...
So you are suggesting that they have burnt through most of the $1m in a little over a quarter. I thought the idea of mining was to make money, not to burn through cash.Too many excuses for too long. In my opinion it is time for new management. This business is now looking like a disaster.
ORS Price at posting:
2.0¢ Sentiment: None Disclosure: Held