A small concern I have always had has been whether they really have any intention to mine, or whether they are just looking for a buyer. The fact that they didn't line up contractors for the beginning of April increased concern, but then they asserted their intention to mine, advertised for a supervisor, so looked like it was game on.
Perhaps more games than game on however. The risk that the delays have thrown up are being realised. The lack of transparency, lack of progress with the final step (apparently a very easy step) does have me questioning whether they will ever mine, rather preferring to wait for a Suiter. This may be a preferable outcome at this stage.
What are we not seeing/being told. Is AISC to high for current PoG? Contractor tenders unacceptably high? When is too late for mining this year? Surely cut off point approaching very fast.
AHK Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
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