Disappointing result after what looked like a seriously company...

Disappointing result after what looked like a seriously company making acquisition.. On the flip side MRQ is now a cheap shell and sort of the punt i would take with a low cap and sufficient cash for an acquisition. The heavy mineral sands project was yes a failed attempt but we know by the attempt that management are after an acquisition that will be a company maker and deliver serious rewards. Im holding to see the next project they can align here. Hopefully they have learnt their lesson here about where best to look for projects.