The recapitalisation is necessary, what eventuates will allow try to move forward. I expect as part of the recapitalisation there will be provision to develop the smarts underground.
Maybe we will be heavily diluted, who knows?
Mining is a risky business and as such investing in mining companies is a risky investment, I always say only invest as much as you are prepared to lose when it comes to these type of companies.
If the recapitalisation involves Barrick getting on board, that would be a massive boost of confidence because Barrick would have done the due diligence
Dare say a share consolidation is on the cards, that doesn't effect SH say 10 for 1 you go from holding 100k share to 10k shares but the value remains the same.
No doubt the will be a capital raising I expect but what I am keen to find out is if Barrick will be involved
The recapitalisation is necessary, what eventuates will allow...
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