I think Brian as always, is telling it as it is. Frustrating situation to be in. Great long term growth potential, but forever hobbled by the god-damn debt (I wish we had never taken it on!)
I cannot fault his dedication to the company (putting $500k into the SPP + agreeing to convert his $1.6 million loan into shares at the same price, basically he's putting $2 million in!), which makes it even more frustrating as when I imagine what could have been.
The dilution really hurts. The only thing that can 'save' us now is a higher gold price. To think that just a few months ago, we almost had the entire borrowings refinanced. I don't know how many times I have said this on HC, but its damn hard investing in the mining sector. The only solace I take is that BJ will still have a blocking stake in PGI, so we cannot get bought out one day for $20 bucks.
I cannot help but wonder why the DR is not willing to take a bigger part in PGI. It could be a real long term job creator and income stream for the struggling country, but it would seem politics wins they day.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.422M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $195.3K | 48.79M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
79 | 62580505 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 5561558 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
77 | 62080506 | 0.003 |
41 | 61665069 | 0.002 |
15 | 66479950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 5561558 | 3 |
0.005 | 20029453 | 20 |
0.006 | 8017660 | 10 |
0.007 | 4706153 | 8 |
0.008 | 6801000 | 6 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
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BIGTINCAN HOLDINGS LIMITED
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