why would MB invest more money (that he does not have) in a mine he has no intention of bringing into production?
possibly so he can sell it?
this has some modest interest...
http://www.investegate.co.uk/wolf-m...r---business-development/201505060702102688M/
Wolf Minerals Ltd (WLFE) appoint new General Manager - Business Development...
"Assessing merger and acquisition opportunities in the specialty metals sector..."
MB needs cash to continue his lifestyle...he appears incapable of bringing any mine into production...the idea that molyhil could be producing by 2016 is fanciful at best...
if MB sells an asset, raises some cash he can continue his merry fiddle kicking the old 'producing in 12 months' can down the same old road charade.
and we may just get an uptick in the share price ;-) and some return maybe?
1 of many possible scenarios...
MT
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.107M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $1.443K | 144.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1426721 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 10139 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1356721 | 0.009 |
8 | 1709333 | 0.008 |
7 | 1715550 | 0.007 |
5 | 1006833 | 0.006 |
2 | 577727 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 10139 | 1 |
0.011 | 68080 | 3 |
0.012 | 1643871 | 6 |
0.015 | 243352 | 1 |
0.016 | 100000 | 1 |
Last trade - 15.14pm 20/06/2025 (20 minute delay) ? |
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