Now 12% drop from $8.01
Getting close to $7 disappearing and the sixes taking stage.
I seem to remember when Ballsack and Michelmoron ruined a perfectly good mining co our price was at a similar juncture.
$560mill debt- no chance of repayment or rolling debt over.
Banks beying for blood.
Mine sites on care and maintenence.
GFC able to be used as an excuse.
No dividends being paid.
CU and AU prices at lows.
**GUESS WHAT !!!!-
None of the above now apply -
We have $750 mill in the bank
Not $1 of debt.
CU and AU prices soaring.
Dividends (albeit it pathetic) being paid.
Funds tied up in a company that may even do a reverse TO.
100% ownership - no cornerstone invsestor propping us up.
The only similarity i can see between the two is the hugely incompetent management that may even bring us to our knees once more.
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