Oh stevo really that old chestnut!!!
Mr. Smith .... He had paper money same as he has now. The only thing that matters is what of their collective 'hard earned' after tax cash have they actually put into buying ' this less than before share wealth'
How many any of them have they actually purchased?
Interesting as well isn't it when JL comes on and bags Cato for his negativity but when super up ramper non holder comes on and tells us 'good operators these blokes' no one comments on this up ramping crap?
When the up ramped who holds no shares told us he had spoken to Lady Hoskin at an AGM and 'how hard it hasbeen on their family' as he reported on here.
They continue to earn collectively the brethren and Mr Smith what 2 million a year ????and then we have the other periphery income earners.....Cato speaks of
Who did they take over in an Ambassodorial role to and meet and greet when doing their 'social excercise ' to help in earning trust and doing all the good corporate governance in Peru a year or so ago???? Any ideas.
Makes me squirm.
Anyway your right they are struggling and my heart bleeds for them all......
Fish stinks from the head first unless you run KAR.... Of course this is just ones opinion that will be howled down ... It's easy to defend the indefensible when you own the stock- like religion is to cling onto the biggest imaginary friend as there ain't much more you can do - holding this excrement is like being in that religious cult!
My bet is they don't drill - it clearly stated that they have the option or some such similar term....
Irony they might drill this time on their own and torch another hundred million - (of course this can't happen now as we have hard working Indpendent Directors to oversee good corporate governance and its money well spent not just more snouts in the trough) this time they find ship loads and it's worthless last time they did that they found nothing that would havebeen worth something!! We just can't get the yin and yang right!!
Of course you have to keep a long term view 10 years for 0 return to shareholders means nothing - anyone for more buy back ..... That's a much better outcome for who Mr Hoskin ?? The people who call the shots or all shareholders??
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