I have lost total faith in the current leadership of MRD. This exercise was a massive waste of directors time and shareholder funds paying for directors to chase their tails.
If the directors believe that MRD has special tenements and is onto something big with Mt Ridley then why on eatrth would they not focus on delivering shareholders significant value focusing on exploring what they have rather than chasing other investments.
They have No idea IMO. Happy to be wrong but so far I think I’m pretty much on the money.
MRD Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held