SIH 0.00% 0.3¢ sihayo gold limited

Ann: December 2011 Quarterly Report , page-9

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  1. 20,451 Posts.
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    probably best to call management & ask them, will need up to $100mil likely debt facility/part placement & hedge part of future production would expect it to take place after final DFS results, as for condolidation I asked managmeent about this late last year, for now there is no intention to & I hope it stays that way, there is no reason to consolidate a tightly held stock like SIH especially when we cant attract interest as it is, usually its done when a stock is daytraders paradise & has billions of shares on issue SIH is far from that, KGL & RED recently consolidated dont see the point in it, both stocks I followed & have now lost interest in since they consolidated, atleast RED waited until becoming a producer to consolidate, KGL no idea what managmeent where thinking consolidating now.
 
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