WTM 12.5% 9.0¢ waratah minerals limited

Why this was not the case going in the past is a mystery. I note...

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    Why this was not the case going in the past is a mystery. I note the cash balance has fallen to $15M as of 12/06/2018 would be good to know what this remaining balance will achieve and how long it will last.

    In light of presiding over a fair amount of SH capital destruction would be good for management to front up,admit they got it wrong and take some form of reduction in salary to atone for this (get some shares instead). Not sure how the MD can still be getting paid $500k when the company MC is ~$30M. Don't expect the snouts in the trough to move aside anytime soon - lets see that admin cost cut pronto.
 
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