"However the confusion arises for me with the Feb 4 project update emphasising they were hitting the ground immediately collecting rock chips, soil samples, coupled with an aerial survey. "
This is part of their Due diligence, who would go and buy something without doing the due diligence??
"One can be forgiven for assuming the exploration program was underway."
If one read the announcements correctly there would be no need for assumptions!!
" Yet in the update they failed to provide context by stating this ground work was subject to tenement acquisition and shareholder approval."
They didn't fail at all, it was written in the initial announcement!! The only people that failed were the share holders lack of understanding and investigating!!
"I put the confusion down to less than concise reporting rather than overt omissions. Report writing should be unambiguous and provide contextual information. IMHO."
LOL there reporting has been spot on.....
Could you imagine, Letter to shareholders 16th March 2016 - for those that didn't read the FEB 22nd, 16th and Jan 11th announcements in full please find them repeated in the April 3rd announcement, WHAT NONSENSE!!
What MPJ have done here is sensational and to use the directors as scapegoats because you don't read what they have reported is laughable!!!!!!
Cheers
MPJ Price at posting:
0.6¢ Sentiment: None Disclosure: Held
