When you subtract 20% of LLL MC, FFX gold is currently valued at 9c / share. Which was the SP just after the share consolidation of BGS back in the day from $0.009 to $0.09.
This number should be very familiar to long term holders and even medium termers. We were stuck at this level for ages.
For the gold investment. To date, as of today. Zero value has been created for the shareholders that have supported this company with direct cash investments. Zero.
Nothing. Despite the tremendous fundamentals and near term value accretion prospects, the management team have failed to generate buying at support levels and have very successfully succeeded in bringing in a predatory institutional base who have shorted this stock continually.
Who is accountable for generating value out of this project and when will that person start doing there job?
Is this acceptable?
General discussion, page-6487
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