I like your optimism fbx258. You clearly haven't been in this stock very long.
What is more likely is
MC 34m / 3.6moz = $9.4/ oz which still isn't bad.
The reason why cash isn't taken into account is that it's really worthless. It doesn't really go into anything productive. Perhaps it's going to Stevie P's 10 year old Camaro? or was it a Falcon?
I agree, 10c is the key level. Thats the level most disheartened shareholders are going to get out at. Although there is a buyer at over 1 million shares at 8.1c which I haven't seen for a while.
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I like your optimism fbx258. You clearly haven't been in this...
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