sales down to 25c today .... the placement @ 32c looking crook.
I suppose even though Max and team have ticked a lot of boxes towards commencement of production Q4 2012, the market must be wondering if he will secure the $160million for development ?
Will he and if yes, by when ? ..... if not secured soon, then Q4 2012 will obvously blow out into 2013 .... not a good look if that happens.
Max needs to update sharholders .... its been long enough.
RHM Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held