Next stop .165
What now? I guess we just sit and wait for the next quarterly? We need some numbers from posse. Yesterday. Compare the most recent quarterly to the Q3 2014 one. They are deliberately not telling us anything about posse. No sale price per tonne. No info on how many tonnes sold. No guidance for production or cost per tonne for 2015. This is very serious. If Posse goes to shit (I have a bad feeling it is) it will only be a matter of time until we go into administration. Holders have no confidence in this company and for good reason, just look at the market depth. If we go below .17 nobody will sign up for SPP. Then what? Run out of funds by September! Another cap raising at .05?
CAS Price at posting:
18.0¢ Sentiment: Sell Disclosure: Held
