…not having a go at anyone but the prognosis ain’t lookin too...

…not having a go at anyone but the prognosis ain’t lookin too rosey atm from the outside lookin in…they have a ‘low grade ore body’ with a pretty minimal LOM last I heard…to compound it PON is in the toilet and predicted to stay that way for a coupla years…extracting gold from the tailings is uneconomic even with POG at an all-time high…and those are the good points…
…they obviously need cash and gettin a CR outta the way while the SP is in the crapper is a pretty tall ask…and if it’s possible at all it’ll cause massive dilution to existing holders…and I’m not sure what assets they can dispose of atm apart from those rusty mills and a few holes in the ground…
…not sure how anyone can be upbeat atm apart from our resident loon…unless of course someone has a direct line to ‘God’ himself…