Don't get me wrong, I hope that Blair does get up & go for some of the deeper, harder to get stuff. But I have seen companies in this situation before ie. the desperately cheap rights issue to squeeze the last drops out of the punters then a few good months as they rip out the pillars & snatch the remnant mining. Remember that they are not doing any waste development so of course all the mining costs are going into ore development & high grade airleg stoping.
All the best but I cannot justify the risk at this point.
I agree with the previous poster FXR is a much safer bet now that you-know-who has resigned.
beaware:289million new shares 1cent, page-13
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