Hoot Hootthe pigs are in the trough.Is it correct for one to...

Hoot Hoot

the pigs are in the trough.

Is it correct for one to assume from the quarterly report that without selling off the LV Cycle position which the the previous CEO created for the company...then they would basically be almost without cash despite the capital raising?
The figures presented certainly seem to indicate this as a fact.

With also an interestingly placed sentence at the bottom indicating a bad upcoming quarter for sales into March 2022.

"Lower expected garnet and ilmenite sales guidance reflects expectation of deferred sales into the March 2022 quarter".

So, without LV Cycle, does that mean that going forwards there would be the risk of insolvency....or do they already know that they will raise capital for the graphite assets...perhaps Au Mining and friends are going to pick it up at a bargain rate due MRC being under financial duress and needing to give away their soul to save the company from further pain and punishment?

What exactly is in their coffee down under? Are they confusing the sugar with some other stimulant?
Perhaps they should be drinking a herbal tea that assists with brainwave function.

What has exactly been stabilised?
The section 93 would be resolved anyway. There are no brownie points for something that is just a process of time and ticking boxes. No pat on the back for that boys, it's a false smoke bells and whistles for the circus side show alley. The time to promote this was when it happened you morons..try and support your case with correctly timed announcements.
Your media strategy, if you have one, is flawed, it is weak and it is of the level of a school paper trying to play in the big boys world.


There is now enough time lapsed to see that this guys have destroyed over 50% of the company value and have done not a single thing to demonstrate a combined skill set to improve the business..which by the way was fairly running along nicely previously. They chatter their teeth like an orca snapping at seals in Svalbard but without the ability to actually accrue a substantial meal for dinner.

What was the purpose of disrupting the company so vigorously?
Yet again, where is the plan that alleviates concerns of incompetence?
There isn't one because it certainly appears there is maybe a kind of back door takeover underway by AU Mining... and metaphorically speaking the poor fools by and large are about to be led into the Red Sea and Moses will close the waters behind them.

Perhaps Moses should be speaking with the only man who can turn this company back around...which after seeing how these clowns operate is beyond certain is in the thoughts.

Thank you and scratch the left one because the right one certainly doesn't know what it is doing.

A poorly misjudged strategy that has had extremely pitiful application along with public announcements of the most poor syntax and no cohesion to the overall company metaverse.