Everyone seems to think that consolidation will bring in new money, IMO this is not the case, they have failed to sell to the market the good points of this company, and consolidation without a plan moving forward will not help.
They need to prove to the market that this company is under value if that be the case and that should be able to be done no matter how many shares on issue.
People have bag me for comparing MOY with FMG, so I will not compare it with another Goldie all be it a explorer, just look at HAW since consolidation or even EXM both companies in themselves no where near MOY but just using them to show what happens when the company consolidates its shares without any further actions
DYOR
gold, page-27
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