MDX 7.14% 4.5¢ mindax limited

ThePiedPiper one could argue the inevitability of delays, but i...

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  1. 966 Posts.
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    ThePiedPiper one could argue the inevitability of delays, but i won't, but the length of the delay is of some concern.

    This was taken from a Mindax announcement last year...

    ....The heritage issue at Mt Forrest was heard by the Aboriginal Cultural Materials Committee on May 7. The Committee advises it requires research of the proposed site complex to enable it to make a decision. As a result, the drilling program will be further deferred until a decision can be reached. Further advice on the matter will be provided as it becomes available....

    Perhaps further updates to stakeholders wouldn't go astray, though i guess your confidence in management TPP isn't misplaced as one of the directors obviously shares your faith and we can only assume he is better informed than either of us. Unfortunately even though the SP has maintained there has not been the bounce that has been witnessed in other resource stocks of late.

    cheers din
 
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