I don't see a cap raise coming. Not with the amount of cash we have. But the sentiment for metals and in particular, gold , seems really low now. So even if we announced an initial mineable resource at Massigui, of 1 million ounces , tomorrow - I just don't see much upside for the sp in the short term - that's the reason that our sp may continue to be under presure IMO.
It does seem we have entered a period when only the few are holding on (and even buying) and the majority are throwing in the towel?
We are a long term play.
BGS Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held