Ann: Half Yearly Report and Accounts, page-18

I dumped 2/3rds of my position recently. Back to playing with futures. ( Always hated bloody equities ). This looks a slow train wreck but could be salvaged by a USD collapse in 2020. It's a low cost way to gamble on hyper inflation. But time is against us as they'll run out of cash again soon. It's pretty clear that management are more interested in playing the dilution game than getting to profitability from mining.