good to see MYG have some defenders. my comment "is if this is the case" Not they are stupid!!!! There are drilling contractors currently in Kalgoorlie that will complete your exploration campaign for the cost of covering their interest to keep afloat and take on all the risk. ASL are cunning contractors and will take any advantage to make a dollar. Not that this is wrong with that good luck to them.
My questions are
1) Why was the diamond drilling not complete as it looks like the budget has been spent?
2) How are quotes from Ausdrill being benchmarked against the current market as stated by MYG?
3) Are MYG directors getting the lowest price exploration contractor that can competently perform the work? or are they too cosy with ASL as the contractor of choice and major shareholder?.
4) What value has the ASL deal yielded to shareholders?
5) Are ASL far to experienced an operator not to take advantage of a couple of broke, down on their luck penny exploration company Directors at the expense of shareholders? Being Ausdrill is the most successful drilling contractor in the world for the last 20 years that is. You don't get there by being an all round nice guy!!!
Comments?
71c4
MYG Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held
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