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How can not paying the listing fees be "an adnistration...

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  1. lindfield
    1,845 Posts.
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    23/08/12
    18:40
    Post #: 10614676
    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
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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