re: production & profit not good
The comments from my last post came directly as a result of reading the ASX announcement released on June 23 -ref progress at Skarden river .
I notice on June 25 they announced another funding drawdown ref their equity placement arrangement with Cornell partners ....... they must be close to exhausting this line of working capital ...... after that ...and with a very marginal and most likely under budget production volume .......... who knows ? Perhaps there will be more gullible wood ducks overseas ....other wise I suspect its nighty night for this dog by this time next year.
MSC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
