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clock Created with Sketch. 05/11/18
08:37
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Originally posted by Resourcesareme
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Well Munckton hasnt exactly played his hand he has been dealt with very well if you are using SP depreciation as a guide. He was the architect of the now infamous halt order and he has to be held accountable, it is his fault not Sproule and Harper’s fault for the SP destruction and now the subsequent massive CR. Tell me why do they need to be do discretionary exploration and works when the sole focus should be on getting into production? He is on record as saying he wants to make the resource/reserve positions bigger BEFORE they look st actually developing the mine. Even worse he intends to fund this by further inflicting pain on shareholders. Dixon was responsible for starting the mess and Munckton has just been a disaster.
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Conditional exploration exists on some of the tenaments I think for around $2 mill. Not sure when that expires.
(20min delay)