BAT 5.56% 1.9¢ battery minerals limited

Ann: Trading Halt, page-23

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  1. 8,662 Posts.
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    ''If you want to blame anyone for where the share price is how about DF and the management team they have destroyed many millions of shareholder value in plowing ahead into developing a mine they have not fully financed.''

    The urgency of developing the mine by a certain time frame has imo led to the current situation

    Correct me if I am wrong, but mgt were emphasising that the mine will be ready by November 2018 before they :

    1- Had the mining licence
    2- Had money to develop mine

    Full Steam Ahead was the focus and now imo we are seeing the negative effects and shareholder value destruction etc...

    DYOR
 
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