1MC 13.8% 3.3¢ morella corporation limited

Fish Lake, page-23

  1. 5,440 Posts.
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    Wow, plenty of innuendo here re management capabilities and integrity.

    Let's try sticking to some facts:

    1. All management take risks

    It's not like GXY pouring approx 3x21m into TAW (was that usd? I forget).

    I would trust AJM bod to be more circumspect about managing risks, and also more capable of assessing risks, resource quality, and mine viability.

    You know, based the high quality mine that the market likes (both customers and asx shareholders)

    2. The common management between AJM and SYA has been alluded to with SYA's currentTH.

    It seems ridiculous that critics of the joint management would take issue with it. The alternative is no mine. Or maybe these people think mine's sprout up like mushrooms?

    Realistically, it makes more sense for explorer companies with existing commercial arrangements to need money to build a mine... than a company with already 2 mines still needing money for a possibly impending cr.

    Granted, only 1 of the mines is high quality the customers want... but still...

    Or maybe some posters think SYA should just 'acquire' someone else's high quality mine?

    3. AJM bod's reporting obligations re a US-listed companies' business activities
    Seriously?


    The funnies never at AJM
    Last edited by curiouser27: 09/07/21
 
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