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What do you think is a realistic price @Grimsqueaker81 .... I...

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blu_afro

976 Posts.

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16/08/19

09:50

Post #: 40012571
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Originally posted by Grimsqueaker81: ↑

Oh yes, I agree completely, and had they managed a better culture with retention of skilled staff and ultilised their skills, they would not be dragging their heels now. I also have no faith in the abilities of management, they are dead set on being a miner in their own right rather than sell to another producer.

Had the gold price not surged so high in such a short space of time I would never have even considered their pit-op at $2000/oz to be achievable, and I still don't as I don't think this volatility will last through to the point of development.

I might come back when the shares are again at a more realistic price, but will continue to watch until then.

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What do you think is a realistic price @Grimsqueaker81 .... I understand in the end it's what someone is willing to pay, but I'd be happy unloading a small portion of my holdings for $1.27 if you're interested

BRB Price at posting: 37.5¢ Sentiment: Buy Disclosure: Held
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