MTB 0.00% 0.2¢ mount burgess mining nl

Well done Roland, great presentation, I can see he is going to...

  1. 605 Posts.
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    Well done Roland, great presentation, I can see he is going to make a big difference to the company.

    Positives of the presentation -
    Agressive exploration program with huge amounts of drilling;
    They expect to more than double the resource and
    Intend issuing a new resource and update the scoping report.............BUT

    Negatives of the presentation -
    No mention of any PFS or BFS this year. This is what the market has been waiting for.....and its not going to happen this year!!!!!

    I see another year of bumbling along as they have done for the past 10 years, stringing us along with odd announcements and hope, especially at times of fund raisings.

    No wonder the share price is down today and the bottom has fallen out of the market depth!

    They can't even get the headline right on the ASX announcement. What kind of impression are they making on the London brokers and how can they justify the cost of the trip when the effect of the news is not great.

    What about the millions of our money they have spent on the diamond project, is this project to be revived or is it dead?
 
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