What f8ck up???
Ok there have been production hiccups, but this is common for any mine ramping up to full production. You rarely build anything these days and go live without hiccups. This is common in the building industry where 6mths to a year prior to going live, you undertake commissioning and building tuning. The mining workers and milling crew are new, and are learning about the nature of the mine and the processing plant (again to be expected).
Another variable is weather (which the company doesn't control) and variability in the resource profile.
Read the response from the company and compare it to the garbage Zhaojin dished out. I was impressed.
I wouldn't put it past Zhaojin lending shares to third parties who have shorting the crap out of this stock where shorts peaked at 81 million shares.
Furthermore, I wouldn't be surprised if they leaked information to those entities and aided and abetted the degradation in the SP down to 30c.
Why, because they have a plan to take over the company at fraction of its true value. They moved I suspect when it became apparent that the price of gold was heading in a direction that would lead to a higher valuation.
In any event shorters are scrambling to cover with shorts having fallen to 14,000,000 shares.
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