Originally posted by Goldfinger 1:
↑
Thanks Enoch, I hope I am wrong but PAC Partners (in the past) haven't looked after IVR holders but "their mates" / own clients. This time I received a hint that things maybe different. We can only wait but I don't like the smell from where I sit. Your thought about our "Gold Mine" is I understand correct. I believe that the deal we were working on has gone elsewhere, possibly gazumped. Cash not ready, however I thought a share swap could have worked. Your further thought that an update report is coming is again "in the pipeline" in order to underpin the current placement. Again I don't like Citic's role in this. In the past we lost a lot of ground support with similar leaks and I truly thought those days were now over. On the bright side by early next year we will have a new "Paris" resource update and with "drills in the ground" at Maslins I think our team expect a lift from "option conversions". I am praying that Andrew has "got it right" this time but I have a gut feeling it's just a repeat of past horrors. The old wolf in a new dress.
Expand
IMO, it really all depends on POS in the s/t and then Maslins! OzMin is already reflected in the sp but the approach of drilling may have a further positive impact.
Agree that the CR is much too small for anything really decent - may buy highly prospective Au ground??
