Appreciate all the different views so thank you all as it is a big help to me assessing where things are at with MRD. Also acknowledge that we are now getting much better updates but there are still many questions regarding MRD's potential, what is going on and the medium to long term plan moving forward.
Also whilst I am no expert, one thing that struck me in MRD's latest announcement was that it took the drillers and management almost 5 days (assuming 1 shift per day and 30m per shift) to realise that the hole inclanation had deviated from the planned target point. Surely if they were on the ball they would be checking the inclination and drill progress accuracy at the end of every shift.
Finally, it's been over 2.5 months since CSA Global was commissioned to review all the data and advise on what they think is there and their recommended approach. I think we all deserve some communication on this soon.
Cheers SandyC
MRD Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held