There was a choice a couple of years back between two mining approaches - continue exploration with funding from capital raises or…. Mine ASAP and continue exploration while earning income with purchased plant (now mothballed) Water access was raised as an impediment to mining; which later proved not to be the case
IMO Good finds will see SP maybe reach early 20c values of the past but won’t go much further until the Board clarifies its direction of actually generating a shareholder return from mining gold. Not aware whether the very large shareholders are more enlightened But I am completely in the dark on both strategy and timing DYOR
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