I am expecting to at least get back my money.
I think we could see 5 cents again, it really depends, maybe Andrew performs well under pressure, but I think they can increase production enough to generate each quarter 3 million from Henty, then they could get a credit line to develop their other assets. I think liongold are alright, they have helped UML and they have suffered a big loss on this stock too. They agreed to underwrite the placement and then see their placement value drop in 1/2 in a month, they are just dragging their heals in paying.
Compared to other reports, this is a good one, no bad news, some good news about new reserves and an improving position.
If you look at the chart, it really does look like the price has bottomed.
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