re: shafted but will be ok wtf you have only got part of the story here.
They have 250k in bank, no debts, 500k sales of a processing plant and 18000 ounces in the ground - worth a bit.
So in conclusion, this is a sheel with no debts only 350k to the directors for 3 years wages, nothing else.
It is worth the current price but, I doubt anyone can buy this shell out, as the controlling shareholders have more than 200m shares, big support to Fraser.
IMO they need to move these guys on ang get the BLR team in.
DYOR,
Nasi
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