My concern, and I remain reasonably invested, is the ongoing unknowns around production, the capex spend, the opex, where they're planning to get the next 12-24 months ore from to put through the mill....etc.
For example, one of those recent Seek ads made mention of open pit mining or the like - I have not seen any mention in recent quarterlies, annuals or whatever that any open pit mining was on the agenda.
The immediate mining at A1 - all I recall is that the current stope or whatever was winding up then at Union Hill, off21level has raised the issue of the egress ....I presume A1 management has this sorted one way or another but....
But? I shouldn't have to presume!
too many unknowns for a publicly listed company. Fair enough if a private company.
PR can be done for peanuts if you're smart enough. Let's hope these guys are!
CTL Price at posting:
1.5¢ Sentiment: None Disclosure: Held