What can one say? Two months into a mere 1000m drilling campaign and still no results. KSN have a 9000m drilling campaign and they had results released to the market only a month later. Are management of MSR incompetent and here just to ride the MSR gravy train? Or are they just puppets for RSG / PRU to be at their every beck and call all the while doing the absolute minimum, dropping just enough crumbs to keep shareholders in toe. Why else would they move so slow?
If we needed cash things would be happening a lot faster but that 9.5m in cash, what should be our greatest asset may actually be our biggest burden.
My opinion only.
I'll continue to hold, but I can't wait to get out of this for cost whenever I can.