re: announcement....vale And just what is the production cost this month? Given their current cost, $8,555,000 worth of gold may have cost $10,000,000 to produce.
Any guess at the cost of ramping up through put 100%. I guess you would have to employ and train new staff etc. etc. All this when the bank is looking at pulling the pin?
Maybe they can turn it around. I hope so, cause I don’t want a tax loss this, or next year. At present, that is about all I am hoping for. A clean tax loss that is not going to be strung out for years.
Perhaps the suspension is so the bones of the company can be sold off before the liquidators can get to it.
I really hope there is a deal happening. A new gold intersection or a white knight. The longer this goes on, with no information, the more despondent I feel about the company.
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re: announcement....vale And just what is the production cost...
Currently unlisted. Proposed listing date: TBA
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