mincor has another month to go before it goes into C &M. They...

mincor has another month to go before it goes into C &M. They are now pulling all the gear out of Miitel and are letting that flood aswell as mariners. My question is why would you let it flood knowing the cost of rehab will be approx 9mil (thats there estimate) compared to having it in C&M at 2.5mil a year?? They were talking that miitel would fund durk north development but thats out the window now. cant see the share price going anywhere but down with the final redundancies due in a month. there are also rumours they may be looking to sell up.