I had to give you a thumbs up Presto as you do present a balanced reasoned post.
However, some points I would disagree on. Yes gold is on the nose at the moment but even when prices were higher management did nothing to bolster the share price imho.
Further to that we had a new listing today on the asx that I won't cross promote. It is purely focusing on gold in the Pilbara and will divest itself of any lithium related finds should they come across anything.
Also, it is my hope/expectation arv are sitting on a multi element deposit that will be a mega discovery imho. Due to that alone, I can see the board being toppled and the assets going to hands that know what to do with them. Ideally at a much much higher price. It would certainy save a share holder revolt moving forward.
What also intrigues me is when to touched 4.9 to 5cps it was on massive volume, close to 50 mil on chi x and asx if my memory serves me correctly???? That is a lot of volume even if it were traders.
Imho I can't help but think management are trying to manipulate the share price for a cap raise.
Regards
DD
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