BAR Interesting...

New website coming soon.....that is VERY interesting its been same website for ages

Some snippets from Annual report

"Barra has worked hard to maintain financial discipline and self‐fund all activities. We have not had to go to the equity market for many years now to fund working capital requirements. Our absolute focus is to protect and improve the value of our shareholders investment. While our share price has suffered over the years due a combination of factors, many of these have been outside our control"

"Once again, on behalf of the board, we thank you for your continued support. We genuinely feel we are heading into a period of share price appreciation. The Australian gold market will benefit from a lower currency, lower costs from a surplus of mining equipment and strong international demand. By managing our current and new projects efficiently to self‐fund our activities, we continue to positively differentiate from others in our sector."
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Imo a way better position now than when it was 74c - go figure...
MCAP- $4mil
CASH- I estimate to improve to almost $1million
PROJECTS-
Burbanks -$25oz royalty from KDR targeting 20-25,000oz up and running
  - %100 ownership adjacent tenement- historic high grade
Philips find- project ready to underground targeting 50-100,000oz annually medium-long term operation
  - money spent on geological mapping expected to be coompleted
  - Other targets identified
Mt Thirsty- JV 50% owner with Conico Mgr (majority SH Tasman)- Cobalt in    oxidised form

Have I missed anything?