Nobody in their right investment mind has paid attention to Baja Mining (BAJ.v) and its disastrous Boleo mine thing for many years, but all the same you should all read the NR out of BAJ this morning. Only for the laughs.
It’s so impressive and a catalogue of so many bad things that I don’t really know where to start, but perhaps my favourite bit is the use of the phrase “unscheduled maintenance”. Or maybe it’s the underground conditions remain more severe than ever anticipated bit. Or maybe the cobalt circuit snafu bit. Or maybe the cash call and dilution bit. Or maybe the workers resigning bit. Or maybe the strike bit. Or maybe the director resignation bit. My stars, so much FUBAR, so little time.