How can not paying the listing fees be "an adnistration oversight" The ASX does send out reminders.
Given the company had $13,000 at 30 June, and could not have received any money since, if the listing fees are $23k,how can they be paid without a cap raising or a loan from someone.
Agree Board should get the best deal but they either have nothing to report- bad news- or they should be updating the market on their progress in raising capital.
Olympic Dam, if it had proceeded, would have pushed up costs- but its affect would have been at least a year away. Mining costs will remain elevated for sometime- whilst the rate of expansion is slowing, size of total mining operations is still increasing.
MCO Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held