The latest report is nothing but a rehash of the annual report which means they have done nothing for the last 12 months except confirm the findings of Bemax. They have used a Post Hole digger to confirm this. They are definitely not interested in mining the HM and are directing their interests to other investments. One can not put much faith in the directors at the moment as there is NO MONEY in the bank to take an active interest in any worthwhile project so I take with a grain of salt the comments concerning statements relating to this. The directors are never available for comment so they have very little respect for S/holders Considering the price of zircon and illimite you would think they would be very busy trying to establish a mining operation very quickly. It is no wonder the shares are not traded. the few that are traded is related to the interest in HM and not on what the company is achieving. If and when this company decides to get serious you will see a capital raising notice which will go to Sophisticated investors and not s/holders which is the norm of these people at very attractive rates.
MOO Price at posting:
0.7¢ Sentiment: None Disclosure: Held
