I don't think that is going to be a concern. Did you read the investor presentation today? Lots of pretty colours and impressive diagrams, and everything was maybe, could be, possible resources, blah blah etc. This mob couldn't afford the administrative costs of a spinoff. Tom's Gully doesn't look like being profitable in the near future among talk of huge delays in production. A friend of a friend who saw something on pallets somehow is posted as evidence that rescue is imminent.
I was intrigued to see the price of the fps rise today. Now if the CG's will just go up another couple of cents in response I'm out of this mob for good. Two words, people. Cash burn. If they can't produce evidence of incomings exceeding outgoings for the next six months the rest is whistling in the wind.
The ice is getting very thin, I'm sorry to say..
RSN Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held
