Yes but after consolidation they are worth $2.15 per share. Current value $1300.
I just dont get what this board is doing. They were meant to reopen the plant when we had 1Moz. We have 2.1Moz and we are flogging it of with the plant for a fraction of the value. Gold price $1823/oz * 2.1Moz = $3,828,300,000. Am I missing something here?
Ann: Focus Enters into Exclusivity Deed with Intermin Resources, page-7
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