re: rer predicts 2.7 million net profit
They failed to put a heap leach mine in production last year although saying it would start in June so investers lost some faith in management they were suppose to be pulling ore out a month ago but still have not started that either. Taking into account the managing directer is off on holiday at present when you would think he would be busy with the project manager in getting the present mine up and running it is understandable the sp is where it is. pUt simply reasonably good projects all though poddy being run with a procrasinating manager director who is better at exploration than turning the exploration into money which is getting tight with the company.
NZC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held