Hi Et, they certainly are on the quiet side but very good people.
Spoke to them 2 days ago and came out of the conversation very positive. They will confirm inventory on hand in next quarterly, whilst not giving specific numbers they are holding a qty of bullion.
I think the broader market has missed the point that whilst this is a good little earner now (and below where it should be) once it gets Rubicon-Pegasus-Hornet into production we will have serious income. Considering it is proven there is no real risk here.
Barrick would not be holding 51% of project for fun.
Ghana is of real interest, others may not be aware that Ghana is the largest producer of Gold in Africa now, having passed South Africa.
I am happy that my final buy order has been filled this morning, not an easy stock to pick up...
TBR Price at posting:
72.0¢ Sentiment: Buy Disclosure: Held
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