I am trying to dig out any recent reports conducted for site vists. Not entirely sure how the brokerage houses feel about the likelyhood of this getting to full scale production.
ANY ANALYST COVERAGE?
For the investors that have been watching this for sometime seem quite negative towards mgt. Is this also the same for the asset???? Could new investor be looking to move his team in? Does he have a team of mining engineers or is this up for sale to the Chinese JV exploration partners I have read about in past news releases?
Difficult to understand the politics surrounding this company. IT would seem that the shareprice is capped at conv price of 12 cents? Half a billion shares will take market capitalisation to $240M (rough calc.) Giving new buyer 40% of ownership? Carried interest?
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