I don't disagree however the fact is he never diluted at low share prices and by the time he started to think about it there was a takeover offer from Terranga. GRY was hardly an orphan and got decimated by coups in Burkina , ISIS kidnappings, Ebola and a huge fall in USD gold price from $1800 to $1100...
Again let's look at what was done in GRY. Huge increase in share price and a huge discovery of 3.5moz from scratch.
This guy can promote, clearly knows a lot of fundies as he raise over $200m in GRY and has a good exploration team around him.
Everyone deserves a second chance. Office is run out of the Konkera stable and they are typically very good at keeping expenditures nice and tight.
$150k pa is nothing for an exec so maybe he's changed his ways.
Ann: DRAIG APPOINTS EXECUTIVE DIRECTOR AND NEW MANAGEMENT TEAM, page-7
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Last
$1.91 |
Change
0.063(3.39%) |
Mkt cap ! $2.172B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.92 | $1.90 | $1.590M | 835.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 67153 | $1.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 14095 | 6 |
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| Last trade - 10.33am 04/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |