It’s quite shameful for this management team to get a compliance letter from ASX.
A bunch of con with no experience in running a proper mining company.
1. time management is zero ....they just don’t know the basic theory that time is money especially when they have zero revenue.
2. Communication is zero ...... very few and lukewarm communication with the investing public , no road show, no prospecting of investors etc
3. management skills is zero......this management has zero skills in managing a mining company , zero skills in prospecting investment , everything depend on subcontractors and don’t even know how to control the time schedule with them . The chairman and other members that have no experience with managing a mining company should just step down and go to the sideline , get a new experience team to exploit the mining assets as fast as possible.
They are doing a flush out of the weak share holders , a standard market play book . Just using this listing to earn money through manipulating the share price. have seen it over & over again.......well when the flushing is down , you can be sure they will push it back up again. A total sham company and definitely not for the long term .
Well, let’s see what’s their next move . Hope the incompetent management read our posts and make the decision to step down and change the team.
cheers will watch on the sideline and would advise most to just leave this a side for the time being .
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