As usual, you are 100% right. They also at one point almost raised 50 million and countless other missteps. We can take the time to list all the previous problems that have lead this from a market cap of 200 million to a company with a market cap of 28 million. I'd rather focus on whats going on at the moment. The reason it refuses to die... This is still a great asset. Charters Towers was world class and can be once again. http://www.charterstowers.qld.gov.au/history
You can't just make up recorded history. 6 million ounces have been taken out of this property, and it didn't stop because it ran dry...
This has become quite the interesting story and stock.
I still say nobody is in this stock as their bread and butter. This is something that will either make the holders a fortune or nothing, in my personal opinion.
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