MAT 0.00% 3.0¢ matsa resources limited

Are any shareholders concerned with the quarterly report? How is...

  1. 321 Posts.
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    Are any shareholders concerned with the quarterly report? How is it accepted that the the initial trial mine announcement says cash flow was expected to be $5m+. Then MAT say they will mine 1766oz less, but no readjustment in expected cash flow....assuming they mine the same tonnes, thats nearly $3m off the bottom line. Has anyone worked out if this will see them through another quarter?

    How can shareholders possibly be happy that their company is acting in their best interest when simple KPIs are hidden!?

    As long as information is dispensed like this you can be sure things arent going well, it seems pretty obvious, yet some shareholders will ride this to the real bottom and complain they had no idea
 
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