Yes, the Axis loan issue is not a small matter to be brushed over. The same sequence of events (loans) occurred at Top End Minerals (now MYR) and the loans were never repaid, eventually cleared off the balance sheet as an impairment.
So whilst I am excited about MED entering the production phase, current management have got a lot to answer for, so HC posters and shareholders should not back off in raising these very serious concerns!
MED Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
