RE:RE:RE:RE:Grifters Projects ?
Mengapher.....lost $125 million plus millions for kickback for useless Technology like Intec and standstill agreements and dozens of lawsuits.
Selinsing ?.....absolutely no contingency plans for when the oxides run out, as they now have
Selinsing Sulphides Biox ?......$60 million US cost and NPV8 at $27.5 million ....make no flucking wonder they could not get financing for it
159,000 ounces of Inferred Sulphides which would have increased in the Biox project NPV but no attempt to convert to economic
Peranghi....developmentally delayed because of lack of forward planning
Murchison...decent acquisition but spent $32 million US trying to develop it with no tangible gain to the market cap
Tuckanarra.....a good asset but gave it away for $3.5 m US .It blossomed with new management and has consistently outpaced Monument in market cap.
Burnakura and Gaby ? ... Great assets but contribute not one red copper to our current market cap because after 8 years, they don't yet have a development plan but just doing more drilling and hope that no one will notice that any competent management would now have a firm mine resumption plan and focussed drilling that would make that possible at the earliest time possible, recognixing that a resumption of mining timetable is essential to boost the market cap.
BOD ?
Dicksen.....Baldock and Dicksen ran Veris into the Ground and then repeated that by ignoring Selinsing in favor of Mengapher....Dicksen has not been seen in a decade but is presumed to be alive
Cathy.....CFO for all of those sleazy deals involving Mengapher, presumably assisting Baldock in his alleged double book keeping....no technical mining background, not hands on mining background, no connections in the mining industry...gave away Tuckanara
De Trintinian....no mining background, playboy, no international mining reputation , named in the Panama Papers
Kitney...resigned as COO of Kasbah Resources because of a fundamental error on valuation....Kasbah eventually asked for voluntary delisting because it was unloved and unwanted
Dato ! ,..outstandung back ground in the mining industry and a winner in most of his mining pursuits...his job is not yet done
So, that should answer most questions as to why we continue to trade less than cash value