Marine,
I'd like to think there is life in bauxite too but the reality is that the mgt and board of the 2 combined entities are:-
Unable to find the big dollars to develop, unable to find JV partners, unable to put money in themselves, unable to entice investment from institutions, but.........
Able to chew up shareholder's money and still pay themselves salaries for doing not much. This will be the case for years as we go through the cycle.
Monumental stuff up by majority of investors in resource hopefuls.
- Forums
- ASX - By Stock
- this is going to about 2 to 2.5 cents
Marine,I'd like to think there is life in bauxite too but the...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla