Management really have no capability to to finance & execute a project in this environment. Spend a lot of time trying to convince the market they have a track record but for those who understand the sector there is nothing special amongst the team's CVs.
Takeover would be dream come true for shareholders currently stuck with an illiquid stock vulnerable to sell off.
However given current market and many better prospects for takeover in the African junior explorer I feel this stock will drift lower for a long while yet.
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- Ann: OreCorp Progresses Project Financing for Nyanzaga
Ann: OreCorp Progresses Project Financing for Nyanzaga, page-7
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