i was not Ramalla, but I tell you why did I buy high.
BOD gave impression that the grade was there, plant was there, after x months, it should be up and running.
guess what: it ran but not as promised.
issues was: problem was never communicated properly. Only as footnote after “resolved”.
I cut half the loss after CR announced. I still believed that some “governance” was there. I am not sure if I was wrong or right, but as of today, I still dont know how much does it cost to produce an ouch from this mine yet, only know it was much higher than jeweler price.
Ann: Annual General Meeting Presentation, page-37
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42.5¢ |
Change
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Mkt cap ! $789.4M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 43.8¢ | 40.5¢ | $4.676M | 11.16M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25555 | 42.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 109998 | 2 |
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