re: 75million market cap too low
been persistant selling even on strengthening POG for months now suggesting an underlying and as yet unarticulated problem . . . . lower than expected grades or perhaps significant cost blowout ie hauling lower grade ore the couple of hundred klms to Rishton (@ $23 per tonne) would significantly explode cash cost per oz & even the previously quoted $23 prt tonne haulage cost could have significantly blown out with rising fuel & labour costs
BMO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
