I sold this position a while back and wonder does anyone have a better idea of what's going on with this co than me? Seems to me they are massively behind on their alluded POW's. Only thing I can see of note since listing in a doubling of the register for tenement expansions.
I called the company a while back. They didn't and weren't releasing any soil or mag results for Melita?? I'm assuming it was a miss and why we may not have seen any drilling program which was to have starting in Oct. And nothing from Younmai at all?
Missed deadlines and or POWs not commenced all highlighted in yellow. Company promises not fulfilled. Promised much with a tight register and some interesting ground.
Are they just dressing up Mulga?? Don't know what to think here as I look at it with a declining SP and ask myself should I be back in here?.
WMG Price at posting:
16.5¢ Sentiment: None Disclosure: Not Held
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