Not sure what to make of this move... Could the board be looking at divesting the stake in the Marenica project?
Where is the cash flow report? Surely, there can't be much cash at bank remaining. No word regarding what is happening in this regard, which heightens my suspicions. Or a capital raising perhaps?
Another delay with the results of the study, though they need to get this right if they are to shop the project around.
The CEO stepping down as well...
In summary, this quarter we could/should expect:
- results of the study including metallurgical outcome
- corporate activity cap raising or divestment
- drilling at the new prospect
more diversification, page-2
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