DMN 0.00% 0.1¢ datamotion asia pacific limited

drilling updates: chronology of events, page-26

  1. 2,195 Posts.
    Just to add some more commentary on the issue. This was posted on the SSC board.

    I'm confident DMN management are doing all they can, and this "minor" issue will be resolved asap.


    DGH44
    Post #: 6651241
    Price at time of posting: 3.7c*
    In Reply to msg: #6650719
    IP: 58.7.xxx.xxx
    Sentiment: Buy
    Disclosure: Stock Held
    Views: 132


    Couldn't agree with you more JB.
    Very rarely things get done on time in mining and in most cases it's not the directors fault at all.
    That's just the industry we are in.
    When it comes to drilling, the priority is given to the big boys like Rio etc before a rig is available to smaller Co's as the drillers know that they can make more money out of the big boys.
    So the small Co's like us might have to wait for a rig to get available.
    Then we get promised a rig at on a specific date and few days before that day the driller calls and says that they were asked to stay on and drill few extra holes etc and that they won't get to our site for another few weeks.
    So who do the shareholders blame?
    The directors. LOL
 
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