Have you ever watched that show Outback Gold Hunters? On that show you see various two bit gold prospecting operations where two blokes with a ute go out gold prospecting in the middle of no where with a metal detector, a slab of water and a tent. They look for gold until their money runs out and then go home once it does.
This strikes me as one of those sorts of operations. The difference is the two blokes with the metal detector are honest , hardworking individuals who would most likely have upmost regard for their shareholders (if they had any).
The origins of this company is a crystal ball to the future of this company. Buyer beware - Its only here to save face for gifting a billion dollar asset to the chinese.
MM1 Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held
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