the business and projects have no problems,the value is there....

the business and projects have no problems,the value is there.

the majority of companies such as these juniors don't succeed because of management, many factors contribute to the managements ability to get the projects over the line, that include the set from which the silver spoons were taken and market sentiment and perception.

However in the currently evolving resource economic world its more about whether management can get the books full of cash or not, every other manual for success is fading into historical management structures and anyone with a set of silver spoons that holds onto those inheritances will erode and fail.

technical evolution is making these peoples methods obsolete at exponential rates. just have a look at the coal mines suffering since september last year because they won't be milking them any more for the next 50 years thinking coal will always be used in electricity generation to keep the silver spoon set in mint condition.

china and india don't want coal from new mines anymore as they move to solar so they tried to strong arm local plants to keep operating to sell the coal locally and charge 25million Aussies the premium for coal becoming obsolete on the global scale over the next 20 years. just wait till you see how high they try to raise electricity prices.