communication or not, its clear what the market "thinks" (values) of the assets. And thats zero value. Why waste cash trying to prove up something the market simply isn't "buying"
Just means when management come cup in hand soon, market will not give a $1 for current project. Management will have no choice but to "pivot" into a new project so they are able to keep the lights running and their salaries ticking.
This pluton strategy might have legs but not in the current environment were sentiment for anything in precious metals space is finished. Its stupid to wait for sentiment in the sector to turn , what they need to do is get new project (from new shareholders also) because if these current ones support this pluton then I know who has "rocks" in their heads.
get support for the new project from a good broking house, raise the funds (needs new management) and get cracking from there Simple as that - rest my case
DEX Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held
