MRU
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0.00% $7.00 mantra resources limited

re: Ann: Initial Resource of 35.9 Million Pou... I see now that...

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  1. slugstock
    828 Posts.
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    06/03/09
    10:14
    Post #: 4873210
    re: Ann: Initial Resource of 35.9 Million Pou... I see now that MRU is included in the All Ords.

    A good deposit, good management and good cash. Only CONCERN and it is potentially a MASSIVE one. Read Page 66 of the Prospectus , 4th line down. Not sure how the company plans on getting over that issue. They have not addressed it to date - not that I have read anywhere else in their announcements anyway. Main part of deposit to date lies within that boundary.

    Ciao

    MRU Price at posting: $1.61 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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