Ann: Chairman's Address - 2021 AGM, page-18

My strategy hasn't changed - I'm of similar mind to Gazzajohn - we both have significant holdings in GPR and RED - we both believe that these projects are advanced and have baked in value, that wont materialise fully till they have become gold producers form their new plants .... in 2nd half 2022 ?? These investments are unencumbered so I can hold till my cows come home.
These projects are economically viable at A$1800 POG ... so unless the Fed have a secret magic pudding which will produce no debt, no inflation, no currency wars etc, then gold will continue to be valued commodity and store of value, and the gold price will stabilise at a level where good producers will be profitable and hence good investment .... depending on your entry price.
Now those who bought high and try to sell now, in the "tax loss" selling period are going to get hammered because of low liquidity secondary to buyers believing lower prices still possible, some shorter activity all this combined with a dearth of exciting news. This duck looks becalmed, but under the surface is paddling furiously to keep things moving according to the project plan.
These investments require time to mature - patience will be rewarded .... does anybody think that M&A would not see RED at 30c & GPR at 50c ??