GREY:DULMF - Post by User
Post by
rationalinveston Aug 22, 2014 11:42am
157 Views
Post# 22869216
At least Anto was honest..
At least Anto was honest..July 3:
"Our focus is on prioritizing projects with the highest value and lowest risks within our portfolio."
https://antofagasta.co.uk/~/media/Files/A/Antofagasta/pdf/press_releases/2014/aplc-twin-metals-project-release-03072014.pdf
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A disappointing PFS can happen.. but what I dislike most is DM management not being frank and open about the study and the future steps. Even more empty rhetoric than the call in July. And above all, Dundas' attitude in the conference call.
There is no hiding anymore. Credibility and fund raising ability were already weak, but dropped to pretty much zero under this management. At $ 0.24, the stock will be diluted 7% every year alone just to pay interest on the $30MM loan.