It did cause issues in the earlier days but if you were on the ball you could of got on very cheap and been able to see Dovaston and the mining team were turning things around. I was watching the turn around very closely and it was very evident so I jumped on hard from 12-14 cents. They are debt free now and generating a heap of cash. They are an experienced crew on the ground and they obviously know what they are doing. I give credit where it's due.
The fresh rock resource will require a plant upgrade which they will be able to fund themselves. There's plenty of gold at depth there IMO. They won't make the same mistake again and attempt to process the fresh rock resource with the existing processing plant because they know they will run into issues like they did in the earlier days.
- Forums
- ASX - By Stock
- Ann: 2016 Diggers and Dealers Presentation-MOY.AX
It did cause issues in the earlier days but if you were on the...
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)