disgusting to watch the trade today, page-14

RKS,

Targets are meaningless. What matters is what they are achieving. At the moment clearly burning money, and unless the pon rises significantly, will struggle with the interest and debt repayments etc, which are on top of the mine cash costs. Still far from making any miney for equity holders.

Will watch. Fyi I sold out around $3 in Aug 07, but that was a different era, and the fact that the sp has been around $4 in the past totally irrelevant. When you switch from being a prospective gold mine, to being a cash devourer the world changes, as is reflected in the sp change.

This is about as speccie as they come imho. Impossible to value.

EL