In March 2014 the deadlines were set - and while we have had a...

  1. 5,577 Posts.
    In March 2014 the deadlines were set - and while we have had a few limitations in the road technically and financially we have surpassed the deadlines of the Company. Management stated they had only intended to begin mining and extracting ore from Paraguay and Panga by the end of December but here we stand with three completely developed sites ready to extract ore. The company preparing to increase extraction rates, and awaiting for this project to be proven. The only problem now is that shareholders don't have any more announcements to follow and look forward too, and instead need to speculate to their hearts content on the forums a little more.

    MNE has the potential for a significantly bright future. I mentioned earlier on this forum of another company who has spent fifteen years and growing still developing one site, six years behind production schedule, and spent hundreds of millions of dollars over their budget. In addition the resource seems to have shrunk to lower grades and lower volumes since the project first established. Yet MNE has restricted dilution, obtained and developed three sites and demonstrating shareholders the potential it can share. Personally I believe a BRR interview will be released with this announcement, so I look forward to the negative individuals screaming 'waste of money' a little more, while we find out our current position.

    Don't forget to send Questions in for the BRR interview!
 
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