They have are in a better position that many asx listed explorers since they actually have a mine in production creating them an income. Yes its not low cost, but is improving, so that chances of them going into administration are far less than many on this board are saying.
At worst they walk away from the European assets and concentrate on the South American ones - their biggest problem is the millstone around their neck created by the takeover of IBR.
L
TMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
