From my point of view it was right to suspend trading in view of the huge drop in value of the stock. A sale would still be worthwhile for all shareholders given the relatively low level of debt compared to other companies. Correct me if I'm wrong but aren't the assets worth a lot to other operators (worldwide) who also know how to operate a mine and appreciate the groundwork already done (Hillgrove)?
Ann: Appointment of Administrators to Red River Resources Ltd, page-34
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)