rye you have been saying it wont be at X for over a year now and she has dropped like a stone from 17-20 c to 8.4 c and still plummeting
i called this at 9.1 c a month ago she would drop low 8s and now she is 8.4 cents and people were saying it would re rate on the MRE. It didn't.
there will be more needed cap raises .
beware the uprampers here that no matter what, keep saying this is a bargain as the shareprice has lost like 60% of its price
time to wake up and realise the MRE was no good just a giestimate
market has punished the shareprice accordingly
there are just too many better value discoverers on the asx for gold miners. GBR could of been that amazing asx story had the gold system been there but its not; its turned into a high grade vein at mulga bill thats it.
even patto is guilty as heck as spruiking this as an easy 1 million oz mre; what a flop. 500koz guestimate.
cap raise and into the 6s cent range before August is my call
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