Predictions! well we know that death and taxes are sure predictions. On the subject, can we predict, when management and directors will institute a consolidation.
Management have secured their remuneration going forward with the trial mining proceeds.In order to grow the business, at some stage, it will be necessary to have the provision to raise funds. That is difficult with the huge volume of shares, and if so it could only be at low prices.
IMO a consolidation is coming, possibly following the grant of ML. The question will be to what extent and if a inducement will be offered.I favour 1: 8-any thoughts
how many ounces, page-93
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