my short reading of the company says that you got the answer to how to turn-around company ... and in my opinion i agree with your sentiment current management needs to be changed and make sure new board is made of people who are qualified engineers and miners ... IMO.
IMO... once mine get commissioned what you need is someone with mechanical/electrical/civil engineer preferably on board..... or someone with BHP/RIO or top tier mining operation experience and successfully delivered & management active mining operation where individual qualification preferably be engineer...IMO.
within last 69 days price fell 47% is significant... imo....!!
i also don't understand why company not making money when ASIC cost is half the cost of Mn Ore current price?
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-80
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Last
25.0¢ |
Change
-0.015(5.66%) |
Mkt cap ! $54.97M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 24.5¢ | $78.82K | 310.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1099 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 521 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| E25 (ASX) Chart |