After their annual report it is fair to say that the Directors are running dead. Their was nothing new and just a rehash of what we already know. Saying they are in talks with a number of companies and looking to add value to s/holders by looking at advanced stage projects IMO is saying they are doing nothing and have nothing planned. They have NO MONEY so how can they strike a deal with any company. It is quite clear that the mineral sands project has no future other wise they would be more positive. For the last six months they have repeated the same thing. Using the term confidential discussion not to jeopardise progress is another way of hiding the fact they are doing nothing. This is my opinion based on many years of experience with directors who are not acting in the best interest of s/holders and companies that have no money. How long does it take to put a deal together if it is a good thing and YOU HAVE THE MONEY. Something we don`t.
MOO Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held