HoM
You say
"So by mining millions of tonnes ore sitting on a trashed tailings dam at loyal shareholders expense what would our SP be worth say 80c even more."
Actually all they did was increase the size of the existing ROM pad to about 36,000 tonne capacity and started to develop a ROM pad that would hold 250,000 tonnes of ore. I am not sure if they completed it before the waste dump wall failed and they suspended mining operations.
So there are no millions of tonnes of ore sitting anywhere.
Please check your facts. See press release from March 2013
http://www.asx.com.au/asxpdf/20130415/pdf/42f7rkgmj34lym.pdf
and the quarterly report
http://www.asx.com.au/asxpdf/20130430/pdf/42fkrv2bd681nj.pdf
I can understand you being upset by the loss. So am I. But we need to state the facts and review them objectively.
loki
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