You do know that they are currently in a 15,300m drill programme? There’s two rigs onsite - both an AC and a RC.
Production only began last September and with those debentures hanging over them they probably weren’t in a position to acquire new deposits or tenements. The latest crib room podcast said they would almost certainly repay the debentures in October (1 year early). Then the money machine can tick over into divis, acquisitions, exploration etc.
I won’t lie to you it’s been a frustrating stock since I got involved, but it feels like something has changed in the last couple of weeks and good things are due here.
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4 | 1550118 | 0.024 |
9 | 970869 | 0.023 |
7 | 1248854 | 0.022 |
3 | 120095 | 0.021 |
Price($) | Vol. | No. |
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0.027 | 1828921 | 5 |
0.028 | 8333170 | 6 |
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