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clock Created with Sketch. 03/11/17
20:58
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Originally posted by jonpg55
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At this stage I think we all must wait for the post-mortem to be carried out by the board of directors and their future announcement as to explain what happened and why and how they can rectify the situation so this can be a hump in the road. I know there are a lot of questions to be answered and I hope they will be answered soon. We do not know who supervised the sorting and who finally said they were sorted correctly or if there was some mixing up of stones just prior to sale. Everything at this stage is only panic and innuendo. Djbenton75 and Lakota6 I think you are the same as me when they decided not to complete the cutting of the stones and change in direction so you will understand the delay. I was a shareholder then as I still am and will remain holding until this is sorted out one way or the other Again I feel CJ would be back in Mozambique ensuring that all costs are being reduced as we speak and he would be hurting as much as us. I am sure he is talking to other directors and trying to work out the best solution and I would expect us to hear more by the right channels when decisions are made. Remember that directors are both in Mozambique and Australia and some of them are non-executive which means they are probably involved in other businesses as well as MUS. So a directors meeting will probably happen shortly and we should the get an announcement. I know I am down $40,000.00 and am retired so it is hurting but I did my own research including many hours as well as talking to CJ and feel there is a lot more to come from this company.
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Hang in there big fella. Only a paper loss and will without a doubt return once the dust settles. Plenty of up coming opportunities to come. Those buying at these levels are incredibly lucky and smart. I've been around long enough to have been part of a number of plummets like this (unfortunately) when things don't go as planned. The market quite simply does not like uncertainty. Once MUS explains to the market how they aim to combat such a poor result we'll get a big kick up.
