What is everyone's opinion about Gilded Rose - the sale versus no sale? It seems that the capital needed from the sale is to expedite production at Mt Freda. Is this definitely the case?
When you think about how much 120k - 130k ozs could be worth from this pit, would a capital raising be a better option to finance Mt Freda and keep Gilded Rose?
I am not sure where they are at in relation to the ability to raise funds under section 7.1, and it is obvious right now is not a great time, and the price is unfortunately low, but would say dilution of 80m shares @ 5c (if we
can get a half decent announcement soon to lift the shareprice by 25%) we would get the $4m??
Just open to opinions and there are a few ifs and buts here, but would that option, of available to the company, be a lot worse?
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