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Milan has convinced himself that the sulphides are his golden...

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GravityWaves

1,995 Posts.

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24/05/21

23:40

Post #: 53386244
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Originally posted by Hiddenvalue: ↑

I generally don't care about the plebs buying in, always follow the MD and see what level of buying they have done. He has thrown some serious money which is undeniable, many multiples of his annual salary at this, that's what counts.

Not uncommon for listed companies to have other directors in even the ASX 200 only dropping a few $k in their companies. Are you going to give a thumbs up or get excited on that sort of buying??? Often just a purchase for the sake of buying.

Follow the leader not the seat warmers.

When they buy in, then I may view them as more than just a seat warmer.

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Milan has convinced himself that the sulphides are his golden ticket. I have my doubts about WMX return on investment.

WMX are good at raising money, spending money, and delivering lower-than-expected results. Years have gone by & they still haven't released a detailed metallurgical report for refractory ores. I wonder why?

Last edited by GravityWaves: 24/05/21

WMX Price at posting: $1.11 Sentiment: None Disclosure: Not Held
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Milan has convinced himself that the sulphides are his golden...

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