price direction is against the most posters, page-10

Don't stress Nando. Considering Don Henrich (& wife), Mike Yeager, Lee Clarke & Joe Camuglia own almost 100M shares b/w them, they'll join us when the company goes broke. Yes, there are aspects of this company that raise questions. However, don't forget the company's annualised revenue is now approaching $A60M and their net cash burn rate is approx $2.5M per quarter. What does truly amaze me is the number of small caps on the Australian market that have been raising capital via placements for over a decade with no production - just exploration hype, roadshows and glossy brochures. If they can survive, so will MAD. But I appreciate your concerns for our welfare. You're a truly remarkable human being.