MYN 0.00% 1.5¢ mayan iron corporation limited

myn management

  1. 21 Posts.
    Good to see from the latest quarterly that the MYN team are working hard to create shareholder value. The grand total of 18k was spent during the quarter on looking for new projects...

    Thats 6k per month, lets put that in persepective, they spent nearly 90k on admin/wages during the quarter....

    The funny thing is they report/highlight this in the quarterly activity summary and think this would be viewed as a postive.....

    Shares at 2.6c, zero spent a project they issued 40m shares for (plus the 20c per share float price) and they think they are doing well by spending 6k a month on looking for a new project (when at the same time collecting 200k+ per year in wages)

    If I did not have stock in this company it would be comical
 
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Currently unlisted public company.

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