IMO, bigmattp
The market does not like uncertainties
This will effect current cashflows which is at this point in time is crucial after well over $20m in Cr's and options money and Anglo $3m payment in just over 12 months
They need to achieve a positive cash flow asap as the last quarterly indicated that cash on hand is projected at around $4m by June 30th - Gold royalty stream and exploration ongoing etc...
Surprised why they did not release April production figures and May to date guidance
DYOR
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- AngloGold & OGX J.V. Considerations
AngloGold & OGX J.V. Considerations, page-47
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