You are entitled to your opinion but I think you are reading the accounts as if this company was manufacturing light bulbs or similar. It’s a junior explorer and most of the losses would be from the Gold Links and that is now sold and over. The liabilities are also related to the Gold Links project.
The Director loans? Not sure why that is a problem when the directors are also the major shareholders.
As it was explained to me, Colosseum has over 800,000 ounces of which 70% are measured and indicated. Even if the company had spent A$30m to get those ounces, that’s A$37.50 an ounce
You are entitled to your opinion but I think you are reading the...
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