It is refreshing to see some of these bottom-feeder goldies reduced to what they are truely worth.
If they genererate a net loss and future cashflows are based on exploration success or some other risky play coming through then investors in their story deserve a good fleecing if it doesnt eventuate. You are gambling and and your returns will be as expected
MAT Price at posting:
8.5¢ Sentiment: Sell Disclosure: Not Held
