Past directors are selling out, I believe once they are gone and we get new investors with big pockets this will go to 8 cents..
I'm sure there will be interest from other producers, I reckon some are waiting for the DFS which we are expecting within the next 3 months, once we receive permits etc.. this will go.
Hard to blame Matt and co.. they have built a resource that will make money. They cant control x directors from selling, they are constantly promoting at conferences and brokers.
Doesn.t help with interest rates, some investors happy to take 6%
Be patient our time will come. I have been in here for 7 years since Matt joined Ausgold, I have met Matt at conferences, he is careful with funds and very switched on, good guy and I'm backing this jockey.
Keep the faith..
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