No chance this company will end up in receivership!!!
It will be bought out b4 it gets to that. With the POG so high (and rising), there are plenty of miners out there that are looking to grow further.
Lookout for a TO in the coming weeks.
FWIW, I too got sucked in by m'ment but the writing was on the wall after a dismal March Quarterly, then the constant sell down. What really urks me is that m'ment must clearly have known what was going on (for the best part of this year at least), then allowed "insiders" to get out and left us retail investors holding the bag!!!
Class action????? I am sure we have a case!!!!! Witholding price sensitive information for as long as possible????
Shame on you Rohan, I for one backed you all the way and this is how you repay your faithful supporters????
Your reputation is in tatters!!!
DCN Price at posting:
51.5¢ Sentiment: None Disclosure: Held