Hmmm, takeover.
For how much? 10 cents? 15 cents??
That's 25 to 30 million for the company???
Take a look at the PFS again.
Annual average operating cash flow (after capital costs, before tax) of A$29.7M
And we've had improvements to the PFS and tin price since then.
I know it is very frustrating, the share price is dismal, but I wouldn't be selling us too short. BS aside, we are sitting on a fair amount of value, and we have the pathway to obtain that worth. These are the times when long-term investors give up and sell, but really it is the time to continue buying.
Thanks to Ralph, the idea of a CR is off the table so these very cheap shares that are on the board are the only ones available. Btw, I swear none of those sells are mine, and if I wasn't already loaded up with heaps and had further cash available, I'd certainly be buying.
Just my thoughts.
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