RDG resource development group limited

Ann: Half Yearly Report and Accounts, page-9

  1. 558 Posts.
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    exactly what i stated last year, theyve got absolutey jack squat of a chance of getting any other projects going, as far as im concerned they need to have aus garnet above nameplate and all the debt repaid before they even think about taking somthing else on to which we are talking years and years of sitting where we are now. Min res is struggling big time hense the now lets sell off the manganese mine because we cant sell a garnet mine thats not even at namepate can we. I know its due to management but chemx the other patent holder similar to rdg project are in administration the process is too expensive hense why nothing has happened with it. You can beat around the bush all you want with that but its the truth and so many companies have failed trying to make hpa. Theyve really cocked this up ( still fixing the plant for christ sakes). Its been stated the chris doesnt want to raise capital because then it dilutes his shareholding, so lets let everything run into the ground and hope that the market returns to save us....
 
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