If they felt confident about operational matters they would at least announce what the production was in October and their expectations for the remainder of 2017. The notion of them producing 25k ounces for the December quarter is pretty much wishful thinking.
Given that I have no faith in this management team I think they should do a JV where they retain 25-40% of the project and the JV partner clears their debts and takes over the running of the mining operations. Maybe MLX would do us that favour, since Cookie likes to get into difficult projects.
loki (we have been playing with fire here)
BLK Price at posting:
14.0¢ Sentiment: None Disclosure: Held
