Wouldnt touch it with a forty foot barge pole.Limited production figures out so they have obviously encountered start up problems otherwise they would be skiting about record gold production.Falling gold price and now a 19 million dollar loan lingering at what percentage rate 7-10% range at a guess.Mt Marion and Barrambie have been given the red light as indicated by Chris Ellison so why would you touch it.
A capital raising is a possibility as there have been many over the years.Currently trading at 14.5c so another 100 million shares at a discount issue price of 12c will put 12 million in the bank.
Few more capital raisings and these guys will be in the billion club for issued shares.
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