MUN 0.00% 4.8¢ mundo minerals limited

I think this Co will remain in suspension till park/road issues...

  1. 4,689 Posts.
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    I think this Co will remain in suspension till park/road issues resolved. That could be a good six months away IMO at least. You may recall parks issue would also be up for public comment as well till march 2012 on last announcement.

    Then we have building time of roads, prestripping of stite etc etc.

    If Engho has run out of economically recoverable gold so what if we have Crista and Ohlous. Co figures are most likely wrong at those sites anyway based on past Co assessments

    I think Co will live off current funds they hold for now as Directors will still want to be paid for sitting on their hands.

    No one will be interested to lend or buy based on past Co performance and figures.

    Have you ever wondered why Torr DFS, BFS JORC was never really pushed through over the years... my guess is that they always knew it wasn't going to happen but made a good ramping up story.
 
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