What is the value of this company to a small shareholder ?
It continually taps debt from one of its major shareholders and the other major shareholder seems to make more than the occasional mistake in its analysis of good mining assets to invest in.
It still hasnt got revenue greater than costs in this quarter.
So how would you value it ?
Given the capex debt and the working capital debt , when will this failure provide enough profit to give some hope to minor shareholders of seeing the shareprice rise so they can recoup some profit on their shares ( debt interest has to be repaid at some point )
As for LYC , you have to be kidding . It was another that sold the unicorn magical dreams and the shareholders rode the price all the way to the basement .
What is the value of this company to a small shareholder ? It...
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