And so would I.
The Chairman's address made a couple of points clear.
1. We still have one of the world's lowest cost producers.
2. There is plenty of gold there and it is of a good grade.
3. Past management rolled the dice on solving the problems at Talang Santo, lost the bet and almost ruined the company. It is only by the grace of the existing major shareholders that the rest of us still have shares that may be worth something.
4. The lesson should have been learned much earlier, but it is now clear to everyone that we need a second producing mine in order to hedge our bets.
As to when we should relist, let's not rush this. The market needs to be fully informed and it would make little difference to current shareholders as to whether trading commenced now or in three to six months.
The date of 15th December has been mentioned as an ASX deadline but there has been no information provided as to what happens if that ASX deadline is not met.
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And so would I. The Chairman's address made a couple of points...
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2 | 244528 | 0.035 |
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2 | 650000 | 0.033 |
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Price($) | Vol. | No. |
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