Yeah my view is simplistic, but we’ve had significant dilution and the assets (smelters and raw material) don’t belong to the company, so there’s no significant asset base to give the company value above its prior share price highs. Production will help, purchase of a mine will help, but they will no doubt require extra finance and possibly further dilution.
Ann: Final Shipment of Smelting Furnace Equipment Departs Durban, page-5
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