Well, should they manage to reclaim Thalanga's 650kpa designed plant, really hope they can be more enduring and better decision makers than the mill under RVR's ownership - of course there are many moving parts in RVR's demise - commodity price fluctuations being a major one. Even if SHN acquired it, can imagine there could be problems with the mill - it's been mothballed for sometime - could need some money, maybe lots to get it back on line?
Gold price is great, still waiting to see whether or when SHN can capitalise on such and how they'll do it. Hate to see more cr's but don't know how they can avoid such as cash levels must be low - and further dilution is disastrous at these levels. Can they still sell something for a decent figure to avoid another cr? Soon get a jist with a report.
SHN Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
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