With the cheap share issues I think we will battle to get 50cps with this company now.
it is worth heaps more....wouldn't surprise me if it were a 10mmoz project ($aud30bn).
50cps would make it around 1bn mc for the current identified 5.4mmoz.
The directors need to get this company's share price up now ....otherwise it will get permit granted and be taken over in a flash....never realising it true value on the market.
disclaimer; just my opinion so do your own research.
Ann: Ceasing to be a substantial holder, page-9
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