I agree with him in regards to cash (if we can't ramp up gold production) and the no. of shares in which there is still $600k not yet converted (most likely will be as I assume the strike price is 0.003). But mill efficiency should improve over time in line with what mgmt has said which will definitely help with generating cash and servicing debt.
Re gold prices, this is pretty interesing
http://seekingalpha.com/article/2627715-what-should-gold-investors-do-now
We're in the same boat as every other early stage gold producer/explorer.
What a let down, page-5
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TTM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
45.5¢ |
Change
0.010(2.25%) |
Mkt cap ! $85.08M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 47.5¢ | 43.0¢ | $703.0K | 1.540M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 82712 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 35000 | 3 |
View Market Depth
| Last trade - 15.59pm 18/09/2024 (20 minute delay) ? |
| TTM (ASX) Chart |