AAU 0.00% 0.4¢ antilles gold limited

Ann: Review of Corporate Strategy and Board Restructuring, page-37

  1. WLJ
    426 Posts.
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    I assume much has been mentioned above in other posts - so apologies if repeating - but why isn't the strategy side simple:
    - Mine LD (The DFS has been 'due' for more than 12 months... are we there yet? Produce some income)
    - Mine oxide at NS (This is mean to be a no-brainer, with all the past drilling information... continue with the plan. Produce some income)
    - Exploration of other 'amazing' things can be paid for when/by producing some income from LD and NS

    Several of us have been saying for the last 12 months: Noting positive will happen with share price until there is some evidence we are turning from explorer to miner... either finance, or binding offtakes, or actually starting to build a mine... I don't care what else we find in the ground, or what a strategy review says -> the SP doesn't move upwards until one of these things happen.

    The only exception to the above is a very positive arbitration outcome.... but based on recent announcements, who the F knows what Brian and the team would do with those funds now anyway? I had previously assumed it would be put into building LD, building NS, and exploration. Now we have to wait and see... ridiculous.
    Last edited by WLJ: 20/09/23
 
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