PSL 0.00% 1.5¢ paterson resources ltd

Survival ?

  1. 2,247 Posts.
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    Overall situation of EYM is not good. No one to blame other than the EYM management. I'm sure, it would not survive very long.
    The irony is that with 0.009c share price at this stage sophisticated investors are struggling to get their money back let alone option holders and ordinary and long term EYM shareholders.

    EYM management is burning money raising capital and printing, consulting brokers. So, it is not difficult for investors to figure out what to come next.

    Tasks are big and expensive. Corporate and admin cost are too much. So, next CR is not far away with rate EYM is burning existing cash.

    DYOR
 
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