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my concern in this is the loan scenario as been burnt on...

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78

05/01/21

21:20

Post #: 49963403
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Originally posted by Hamondo: ↑

Noone wants to see this go up in SP more than me. An I agree the deposit in the ground has a 5 x current SP.

But the management are FKN useless. I understand that they sat on their hands when the value of the ore dropped, but if they had have carried on, they may have been well positioned for the upcoming boom in ore pricing. Now all they are going to have is an ore deposit that is still 5 years from being dug out of the ground if they ever get it out of the ground.

I think this is one of the best deposits in Australia, which is why I invested in it originally, I was on a high when the price was up over 30c and held instead of getting out when everyone else did.

For some reason I am emotionally attached and have not sold out for the small loss.

I may appear like a down ramper, but really I'm just pissed off with the management for not having a go!

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my concern in this is the loan scenario as been burnt on another, can’t see why couldn’t cap raise than have an overhang on loan.

AML Price at posting: 11.5¢ Sentiment: None Disclosure: Held
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