No I don't think you're missing something Redux , I couldn't...

No I don't think you're missing something Redux , I couldn't believe it either but I guess they figure they are not going to look a gift horse in the mouth and advertising dollars are advertising dollars but perhaps there should be some duty of care .

i find it interesting that this mob finalised a capital raising at the beginning of June , for $2,624,483 , but by the end of June their current assets were at ~$400k with current liabilities at ~$1.4 . I would have thought not a good picture .

They talk about the metal content of the 'ore' from the last shipment . When you do a rough calculation the material is about 85% + pure minerals , surely they mean concentrate , who ships a non beneficiated ore anyway ? But then these guys show a picture of a Moubiri 'stockpile' beside a road with two guys kicking over the material . This material does not look like a 85% mix of sphalerite , chalcocite and galena to me , are they implying it is the 'ore' stockpile ? Do they mean it is the stockpile from grading the adjacent road ?

I would be very cautious here , specially when the 'experts' are misspelling 'polymetallic' !


I hold non of this stock and will not be any time soon .