Constant promises of getting a deal to mine Devon never come to fruition. I think everyone knows the Exec Chairman and previous behaviour and is giving a wide berth. No JV deals, no contractor deals no financing deals as everyone always gets burnt and now with record gold pricing they are finding it very difficult to get it going. Will anyone ever be willing to sign up or too scared?
Does the EC actually want a deal of happy to just plod along getting his his near $400K PA + probably the same at BNR and that way no risk??
Doesn't bode well for shareholder though. Share price going no where and despite his saying raising well supported thats not quite right as he has to bring BNR to the table to support last raising as clearly no one else wanted to.
Share price going backwards, ultra low volumes and a EC that's near impossible to attract partners??
Where do we go?
( putting sell on my sentiment as i want to however too low SP and no volume )
MAT Price at posting:
4.2¢ Sentiment: Sell Disclosure: Held
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