Kungpowbeef, if what you are saying turns out to be correct, then ASIC needs to get involved and investigate the board for charges of misleading the public.
A couple of things don't make sense to me however. What is with the bot that has persistently smashed down the price over the last year? And also, a capex of 280 mil for a small/medium size open mit mine seems ridiculous. Although not a great comparision, the wolverine zinc underground mine in yukon only had a capex of 180 mil. A part of me suspects that this manipulation is to make the company a cheap take over target.
The best thing would be 1) get rid of the board asap and have them investigated, 2) for the project to be reviewed and hopefully sold off to a larger company.
OVR Price at posting:
2.0¢ Sentiment: None Disclosure: Held
