AEV 0.00% 1.0¢ avenira limited

moina is a flop....., page-5

  1. 3,048 Posts.
    Meerkat, I think you may be right about the results from Moina, it is the sheer nerve of the company hiding behind the resignation of one metallurgist.

    They had problems with accessing the XRF machine -3months taken.
    The original samples didn't have the tungsten they expected.
    They are late with the progress on Tasmania- ie none in the last 6 months.

    That is a real shame for the Tassie projects and they will have to do more to convince me that they are going ahead.

    Wonarah on the other hand still is JORC'ed from Rio days and that is unlikely to change. Arruwurra may not come on as I have hoped but the company is moving strongly.

    So Meerkat, I like your criticism of the Tassie projects but they aren't the company maker. It is always good to read quality negative posts to keep your eyes open. NT projects are still on stream as far as I am concerned. As for the SP we will have to wait to see if it has bottommed. It looks likely but then again I called it yesterday at $1.80 and now look so wait and see.
 
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