DJ,
check out the last few announcements.
The main drag on the company was the legal action with Stone which has now ceased.
They are now doing some tailings processing with some new process developed in conjunction with Curtin University. (page 5 of the annual report). I guess people are now realising that this company is not dead and buries and may bounce back.
They have a little cash and if the tailings produce some cash flow they may not have to raise/dilute so a current market cap of about$3.8M might look like a good point to average down for longsuffering holders (me) or an entry point for a punt.
I'll be going to the AGM this year to find out the details.
DJ, check out the last few announcements. The main drag on the...
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