Ann: Pre-Feasibility Study Update, page-59

Because he doesn’t want to see his holding at 10c.
It’s not as if he is throwing significant $ at it. If it’s such a greatly undervalued asset, I’m sure he could round up some buddies and take it off market.
You seem to be a MR cheerleader.

Shareholders are wondering why competitors are making their shareholders wealth, while RWD is destroying their own.

Questions need to be asked why this is the case. I understand your view is simply marketing. Which is basically saying you’re the smartest guy in the room. Yet the others are the ones who have filled their pockets.

I’ve picked up shares in RWD and around the 20c level. To me it’s a punt only at current prices. My concern is that the purchase has been made on ‘fundamental’ valuations against its peers, and the problem may well be that there are more issues than simply MR with the project.

The market tends to get these things right more often than not, and it had been telling us there were issues/delays etc. Hopefully at the 20c level it’s seen acceptable. But to be honest I don’t know. Could well be worth less until MR throws another $20k at it.