surely this is all priced in?? this looks set to put in an all time low. 8-12c next major area from a technical perspective. from a fundamental perspective - $430m market cap - sure there is a significant mine life and ore asset there... no one is disputing that. if they can't milk it financially - soon - then things could get tricky. there are easier investments out there - there is uncertainty and too much risk here. just look at their financials. as a result, the market will sell this as opposed to see a "bargain". a bargain relative to where it has fallen from, but if the financials don't turn around - this has plenty of downside left. hard to believe in the context of where it has fallen from - that's the tough part to stomach. once you assess the situation for what it is (with a fresh set of eyes - ignoring the historical share price context) it all makes sense.
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