egg_tro, you and taytay are right.
transparency and metrics are the go.
things like tonnes of dirt moved, tonnes of ore processed, grade of ore, percentage recovery rate, ounces of gold produced and sold at what price.
obviously costs are going to be hard to get a handle on at this early stage.
did someone say that on relisting the SP topped out at 53c?
if so the fall to Friday's close at 35.5c means one third wiped from the SP in about 6 weeks.
some of this rout could be due to the decline in the price of gold and resultant negative sentiment.
some of the fall also reflects the fact we're flying blind at the moment. Are we hemorrhaging cash atm.
is the A1 mine a lemon for us, like others. It's early days but Who knows.
it's within the control of the company to address this. They will and the sooner the better.
i'd like to think the interest on relisting was genuine and a pointer to where we're headed.
bit hard to make that call with confidence just now.
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