A lot of negativity right now and rightly so with the lack of newsflow and lack of positive operational announcements since the POS merger. However, I think a lot of us are jumping to conclusions. We have not even had an explanation about what the funding is going towards yet, it may end up being a positive and escalating all the activities we have all been questioning and unhappy about in recent weeks. Going by how MM8 and AWJ faired immediately post raise, I am pretty confident we will have a good day tomorrow, especially after such a large rise in the aud gold price with US bonds getting out of control.
$30M CR rumours are quite significant if true and that will really ramp things up. I can’t see a CR for a very long time after that. Possibly not again if production sticks to guidance moving forward. Let’s see the details Monday before we start demanding change at the top and using our retail power. I am all for this in the future if things do not start changing, but from where I see it, the real lifestyle management were the x directors. The current board seem to be separate to these antics and real gold bulls if you listen to them speaking throughout their interviews in the gold space. They know what they are doing and have a solid plan moving forward Imo. Short term pain for long term pain is how i have seen it since all the corporate changes last year.
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