re: Ann: Operational Changes - Bullant Gold P... i think everyone is too stunned to comment at the moment.
I proposed the idea of putting the mine on care and maintenace to Chris Daws last week which he vehemently declared as not a option - reason being pit would fill up with water and they would then need to let all the staff go.
well he has lost ALOT of credibility in my eyes, the next question to ask is
HOW MUCH IS IT GOING TO COST TO HAVE THE OPERATION ON CARE AND MAINTENANCE PER MONTH?
I'm talking caretaker fees, admin staff, director fees, remaining employee salaries, everything.
cause then we can work out the rate of cash burn since we have no money coming in.
interesting to see how this unfolds
if they cant pull a rabbit out of their hands Re the funding this thing will probably have a share price around the 1.5-2c mark
not impressed but at least they have come clean and admitted what i have long suspected.
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