I'm going to go out on a limb here and suggest a little shareholder activism happen by shareholders of NIU.
The gold assets and the potential revenue they could generate are great for the current market capitalisation.
I believe NIU management clearly have the spotlight on them.
Just a thought, but i think someone needs to stand up and request holders email through a total of their holdings.
This would enable the "mum n pap" shareholders of NIU to assess the truth strength of their holdings.
From here you can see if you have enough votes to give management a call and tell them, "hey, i wield the power of 50% of the company shares... WTF IS GOING ON!!"
Would anybody consider putting their hand up for this time of leadership role?
Unfortunately i'm not longer a holder so i'm reluctant to make such a request.
I do feel for the NIU shareholders though as they seem to be taking it in the ___.