Whilst a number of the more reputable mining analysts 'covered' the stock, for the past few years it was common comment from these same people don't buy the stock. Every time they wanted to pay a dividend there was either an increase in borrowings or a further equity issue. And Peter Lalor would never tolerate any enquiry as to the breakup of cash flow between tantalum or gold, nor would he provide an accurate operating cost breakup of his operations.
He did not have an abundance of friends before, there number will have been further diminished in the past 24 hours.
Cheers,TAS
SGW
sons of gwalia limited
**brw rated best aussie gold miner****, page-5
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