I couldn’t agree more.
I suspect a number of contributing factors:
1. the offtake agreement isn’t as good as it could be.
2. we don’t have a solid mine manager on the ground driving this venture,
3. we are under capitalised - operating on a shoestring with no contingency/ redundancy eg pumps,
4. team on the ground don’t have a vested interest in success .
I have a small holding here and will hold a while longer but fear the March quarter may not deliver much upside either.
Ann: Plomosas Production Update, page-18
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Mkt cap ! $1.929M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 4575717 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2257849 | 11 |
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