Thanks for that background briefing,Luvlife. It's appreciated. It makes sense to get rid of the low grade stuff first so when and if, the POG comes back a bit,milling higher grades will still make a good profit. But that doesn't excuse in my view,giving institutions and 'sophs' a cheap entry to the register.They would have got the money with giving preference to retail and allowing institutions,etc to pick up any shortfall. The fact they didn't, tells me they had a strong suspicion there wouldn't have been any shortfall. It's obvious to me at any rate, they wanted certain entities on the register.Which, as I've alluded to before,begs the question,why? Would it be for our[retail] benefit? My cynical nature tells me no. I reckon the posters who've indicated they'll be attending the AGM will have a few curly questions for the Board. I look forward to the answers they get with interest.
db
HRZ Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
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