Yes I imagine the quarterly will be ok cash-wise given the...

Yes I imagine the quarterly will be ok cash-wise given the recent cap raising.

However, my real concern with Moy is around the current management’s inability to maintain (let alone grow) investor interest in the stock - despite what appears to be a promising future (production wise) for the company.

Also I reckon there are some other opportunities for acquisitions in the East Pilbara - which the company may or may not be pursuing (who knows). All recent announcements and presentations appear to utilise the same template - with a marked sameness about them.

I note with a tinge of bitterness that the slow decline in the company’s sp (despite a much stronger $A gold price) coincided with the mysterious termination of Glenn Dovaston as MD. Maybe there were some internal disagreements regarding future directions for Moy - its never been explained.

But as a shareholder watching the slow devaluation of the company at current $A gold price is disappointing.