re: Ann: Ballarat Exploration Update - Specta...
Nice pun SJ. Me thinks all we can do is slowly count the days to production.
The market failure opportunity ATM is the inability of investors to distinguish between companies with cash, companies with access to cash (albeit dilutive), those with a near term cash flows emerging and those with NO CASH ... ie. nothing upon which to move future plans forward.
ATM I'm pretty comfortable with likely AU price directions under a number of economic scenarios.
cheers
CGT Price at posting:
41.0¢ Sentiment: None Disclosure: Held