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  1. Easternman
    868 Posts.
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    27/01/14
    11:58
    Post #: 12856503
    Negative 87% return since the 4c Placement... But Administration and Directors salary spend of close to $3 million ...

    in the last release on 18/11 it was stated " Confidence in the viability for a low cost coal mine in Mongolia" .... could that Admin & Salary spend could have been better deployed for the benefit of all share holders on the "low cost mine" ..... we are now out of cash ..

    Meanwhile ... the phone rings unanswered in Mongolia..
    LVT Price at posting: 0.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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