I think it is more accurate to keep in mind that one of australia's more successful mining investors & developers, Terry Streeter, invested around $4m into WGO and is now running a loss
The communication from WGO to the market since the announceme of the African acquisition was highly consistent, ie, about DSO
WGO was a sell when the first low grade results were announced
I exited my shares at 31 cents, as soon as I read the announcement
as I was on a 'holiday' from HC then, I was not part of the discussion
But any 'disaster' i would guess may possibly have some relationship to the communications issued to the ASX and also to Mr Streeter
MBM Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held