An absolute shocker of a result, record gold price and they still can’t even get close to break even let alone a profit. No wonder they waited (predictably)until the market closed to release this shocker result. In dire need of capital raise to even stay afloat, who the hell is gonna stump up cash to give to a company that has proven it can’t make $$$ even in a gold boom? The reality is that the narrow vein gold field that they control is just not profitable.
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- Ann: June 2020 Quarterly Activities Report
Ann: June 2020 Quarterly Activities Report, page-13
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