lol, have warning all the way from 31 JAN 2020
RED flag started when the current CEO imo allowed it to trade for nearly 6 weeks before he suddenly said, no guidance, cost, R and R wtc all wrong.....six weeks, apparently he wasnt aware of the production 31st DEC 2019, not aware of problems with accounts early JAN etc........................meantime we all sat there taking board announcement at face value, guidance on track, all it did was let RW escape, lucky for him
Paradice investors about to get welly angry.
Notions of $1, then 93 intrinic value totally ridiculous.
More dilution coming, miles away from seeing a material production increase.
SSP limited to 5M -
wanting to now reopen Multiple UG simultaneously , off to do more drilling , R and R sept QTR---
Capital destruction unit
masssssive spike last few days in the face of rising GOLD AUD price, so much for new management fixing leaks, better governance etc, I wonder who got the heads up this time and was able to escape. Oh wait, they started looking AFTER market yesterday,,,,,no that couldn't of happened
watch them say he needs more time, its not easy, this despite all swearing R and R would be rebuilt materially within a year , debt would be gone and it would make good money from lower production in open pit which was a genius plan.......
good at building shares on issue thats for sure
JUNK
Expand
