MBK 0.00% 1.8¢ metal bank limited

Ann: Company Presentation, page-15

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  1. 1,952 Posts.
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    I don't think you can say that Josimar.

    They have not said they are out of Triumph

    What I would say is the price is pulled back sufficiently to offer value here

    The primary influence here would be the duration of time it has been since we last had an announcement

    People get frustrated pack up and sell

    They are getting the approvals for 8 Mile

    8 mile was being chased by several groups

    I think you will find their would be remodelling of triumph or a new strategy


    Their was such high conviction of value being there, to walk away from that is a big call


    I think you will find the difficulties being encountered are just those part of identifying any major discovery


    The real efforts and stocks having a crack suffer from these times.



 
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