negative: Denis Wadell hasn't managed company that well in past
positive Since Frank Sibell joined we seem to be heading in the right direction.
negative: remote area
positive: highly prospective area, large tenemant.
unkown: progression to underground mining
positive: unhedged
negative: due to past plant problems we haven't been able to produce much to take advantage of high gold price
negative: large number of shares on issue
positive: current share price may seem attactive to new investors.
negative: there is a bad sentiment around due to past failures and not living up to what was touted.
positive: have plant and infrastructure, even though we can't rule out further capital raising (which would be a negative due to dilution) TAM does not at present look like they need to source significant funding. Juniors will find it tough to secure funds in the wake of subprime.
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