MUN 0.00% 4.8¢ mundo minerals limited

Correct me if I am wrong but another negative quarterly will be...

  1. 601 Posts.
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    Correct me if I am wrong but another negative quarterly will be disasterous for MUN. And as mentioned in earlier posts..."cashflow positive in January 2011" is predicted. That is too long to wait on a falling knife, further downside risks will eventuate if MUN does not reach cashflow positive and QUICKLY. Its time John Langford and co stopped embarassing their previously good reputations and prove that they are in it for the shareholders increased wealth. Cut management salaries, and ramp up production as quickly as possible.... still alot of overhead costs (crista road development etc)to factor in. That has to come from somewhere. And DELIVER on promises, otherwise this will be a dog stock for years to come and I would not touch it with a barge pole if that happens. I've already lost 1/3 of my life savings on this so called market darling. Profit / positive cashflow is what I want now, may have to wait 12+ months to get it IMHO
 
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Currently unlisted public company.

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