MYL 0.00% 7.0¢ myanmar metals limited

Ann: Drill Results Reinforce Bawdwin's Open Pit Potential, page-6

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  1. 1,193 Posts.
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    You really haven't forgiven the company from last year's inferred JORC misstep have you?

    Re timing issue - this seems to be due to the delayed drilling results - I'm sure they wanted an updated JORC and SS out by May. Whether there was an opportunity to negotiate an extension of exercising the option is something I'm curious about because I agree ideally it should have been done before a CR for the option.

    Not a company from hell for me yet though. I'm very happy to give the BOD the benefit of doubt as I think it's a bit of a case of a company finding their feet in a developing country like Myanmar with an MD who has a lot of operational, as opposed to to mining development, experience.

    btw - I didn't find the report/diagrams too hard to read but then I haven't had time to read it carefully. One for tonight.
 
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