fengshoey,
Thank you very much for your posts.
“what has the market got to go on, to suggest anything other than a continuation of failures. serious, honest question”
I am inclined to disagree.
Management have turned the disappointing “Tailings Plant” into an R & D project with overhead recovery from the Government rebates and will have a plant to add onto the end of the new plant.
The company has the “MITSUBISHI FUNDING DOCUMENT IN PLACE” ($14Mil) but to our benefit has decided to negotiate the funding for the complete project USING THE MITSUBISHI FUNDED DUE DILLIGANCE.
I realize it is very frustrating but I believe Management have a vision and have made progress.
I remember years ago I was incredibly frustrated owning MGX (Mt Gibson) at $0.20 my broker said Hold Hold. I sold them at $3.00 and the Mercedes dealer was very happy selling 2 cars and I retired soon after.
I am happy to hold.
Please DYOR.
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