consolidation of shares, page-12

My 5c or is that 2c or $2...

I would rather we don't consolidate any time soon if ever, also look at what happened to DIO as well with their 14: 1 disaster - I think they ended up at back at about the same price.

What chestnuts? I'm hungry and I like zeros too.
Private jokes aside I would rather see more ground consolidation and balance sheet consolidation. More projects and more cash in the bank for buy backs and yield.

More LOM consolidation via 3 - 5 years of Reserves will fix the fund / insto interest and valuation model. In the meantime we have opportunity. With 500k Reserves and 120k oz PA production, cash costs back at $550, exposure to rising Au price, new projects, 3M oz in resources, planned self funded mill upgrade to 1.8Mt PA, intense interest in the sector... stuff of dreams that will come true longer term.

BHP have 3.3B shares - so what. Well OK I know too much 'paper' is a problem however if enough investors held it tight then the supply would be restricted anyway. Stocks will very little paper can move faster but only when there is intense interest in an appealing business model.

DYOR
Cheers,
CW