You have to give them foresight for the way they did the write down of asset and raise capital with the rising gold price. The POG is either gonna bounce off or continue a downtrend so getting a raising with as little dilution as possible and I don't know why some are complaining! Think of the consequences if they were to start looking for extra cash right now.
Bet ya there would be lots talking up insolvency rah rah rah.. As of present, their cost under control and have a little $$ buffer to plan for the really bad days ahead.
- Forums
- ASX - By Stock
- SLR
- doh
doh, page-23
Featured News
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online