Won't be surprised if they don't given their past form, but the Directors should be addressing the "Going Concern" issue in the Qtly. The annual report was very specific about how important achieving the cashflow forecasts were, and maintaining the goodwill and support of MACA..........Everything has changed......termination charges galore
They don't even have a mining contractor. From the MACA termination announcement:
"It is anticipated that a new life of mine mining contract will be executed with the Brazilian mining contractor shortly and the mine will transition to that single contractor."
Call the receivers, investigate the many things that don't make sense.
BDR Price at posting:
5.7¢ Sentiment: None Disclosure: Not Held
