mine is the opposite - thank god with all this industry turmoil - the directors sold off a huge chunk of dirt and put the balance sheet in a position of strength to weather the market - and whilst I’d like some rapid fire announcements sometimes I’m Glad I don’t have to hear hyped up announcements-
I think today’s annoucement conforms they have delivered a good performance of the plant ( yes wanted it quicker)- costs falling-
They have paid off all debt and now company has the protection of huge cash at bank compared to all other oz producers which are indebted and paying huge percentages out to lenders
I don’t mind supporting them for a while
Longer
GXY Price at posting:
$1.64 Sentiment: Buy Disclosure: Held