The winners in MUN have been Management and employees who have received regular pay packets. Shareholders have been the big losers. Just look at MUN's dismal chart. You'd think gold was a few hundred dollars an ounce, not around US$1200.
Brixham, I see your last two posts on MUN have knocked a poster for making a negative post. That's it.
Have you forgotten that MUN was predicting EBITDA at A$17M per annum at US$750/oz gold price before mining started? (See December 2007 quarterly.) With gold now US$1200, based on that, MUN should be rolling in cash.
Instead MUN is cash flow negative.
So how about YOU putting on your rose coloured glasses and making some positive posts about MUN instead of just knocking someone who is not wearing rose coloured glasses when posting about MUN?
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