I don't disagree however the fact is he never diluted at low share prices and by the time he started to think about it there was a takeover offer from Terranga. GRY was hardly an orphan and got decimated by coups in Burkina , ISIS kidnappings, Ebola and a huge fall in USD gold price from $1800 to $1100...
Again let's look at what was done in GRY. Huge increase in share price and a huge discovery of 3.5moz from scratch.
This guy can promote, clearly knows a lot of fundies as he raise over $200m in GRY and has a good exploration team around him.
Everyone deserves a second chance. Office is run out of the Konkera stable and they are typically very good at keeping expenditures nice and tight.
$150k pa is nothing for an exec so maybe he's changed his ways.
I don't disagree however the fact is he never diluted at low...
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$1.79 |
Change
0.035(2.00%) |
Mkt cap ! $2.101B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.81 | $1.76 | $36.27M | 20.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 93529 | $1.78 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 203430 | 5 |
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| BGL (ASX) Chart |