MCO 0.00% 11.0¢ morning star gold n.l.

welcome aboard mr mike botting - ceo, page-25

  1. 4,542 Posts.
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    Ok then

    Since we're all being frank and honest lets do an old fashioned pros and con's on MCO, no heads in the sand. I'll give a starter, interested in others non BS additions or subtractions, this is as of now.

    Pros

    Very high grade
    No debt
    Good balance sheet
    Functioning scalable plant
    Very experienced CEO
    2 Very experienced Senior Geo's
    Upgraded UG infrastructure
    Upgraded winder
    Open high grade stope
    Regional JV funding development

    Cons

    Problematic project management to date
    Patchy shareholder comms via asx releases
    Senior staff turnover
    Tough regulatory environment in Vic
    Tough geology (narrow vein)
    Question marks on stoping required tonnage given above point.
 
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Currently unlisted public company.

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