share price at all time low. Seems the only one keen on energy is the CEO. He will be out no doubt in a couple of weeks to pay the price for a near 90% of value destruction since IPO…..and they have found zero gold & copper which was the original mandate ( probably because they did little exploration and drilling )…..a big mess.
The problem now is gold projects are now expensive and tightly held. When this went to IPO they were cheap and easy to pick up. Sadly they have probably missed the boat or risk overpaying or buying crap. Wrong time to buy now, and most of the money seems to have gone on wages, admin and the energy deal.
Anyone else going to the AGM? Celebration beers afterwards?
Ann: Senior advisor appointed to assist in advancing energy asset, page-8
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