Hey @GDoggy, feel for you LTH's, it's a bitch when this type of thing happens but they are a junior and very speccy. So the investment goes with a lot of risk some of which has now been realised.
Was pretty obvious that the new Board concluded that gold was not the way forward. Sure, I get it that people invested for the gold play but PNG ? Really ? It is a bugger of a place to do business let alone mine in. Ask BHP. Was always going to end in tears imo.
Let the bitter tonic go down and reassess. Always a good approach. If this company makes a great discovery, you will be drinking margaritas on the beach in Bali lol !!
Cheers
Ann: PNG Project Sale, page-46
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