They have no money if they were serious they would have developed Perseus and be mining the gold for a negative cash cost and not burning money still while they have almost none left.
Did anyone notice they were still spending money on exploration? we have defined resource that need money to be developed cut that cost and management and we would have had the cost to develop Perseus and have about $12 million free cash flow per year to do exploration and try and develop a silver mine in a yer or two....
KBL Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held