MUN 0.00% 4.8¢ mundo minerals limited

convertable debenture, page-4

  1. 21 Posts.
    Goarmy,

    Are you serious? The only reason MUN would need to announce something is there was a material issue. Do you see LGL or NCM annoucing every week about their latest gold pour? No.

    All this info will be covered in the next quarterly report which will be out soon.

    I personally know JL and his credibility and that of the management team should not be questioned. They too are shattered about the share price, but in having a chat with him 2 weeks ago, nothing has changed. The long-term prospects only appear brighter. The cashflow issue in an ugly bear market couldn't have come at a worse time but it is only temporary.

    I personally was sitting on a very big paper loss, but took the opportunity to more than double my position at 17.5c on 17/9. Now things are already looking better. Take a 5-7 year view on this one and you'll be laughing.





 
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