I don’t think NMDC director’s or management have set skills to run the company in Australia. They are treating this company as a holiday home for them and their family members. Either they should sell the company to someone who knows how to progress or sell all asset and distribute the cash to shareholders.
This is my opinion. Now we have to wait for cut and paste quarterly report, with less cash balance in compare to previous quarter.
Cheers
LCY Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
