True. Management seems to be the problem here. The EV/oz analysis is basically right except the Sunridge shares are being blown out below market. (All that brilliant prospecting and progress for a lousy $1.25).
$1000 Au and we have a 6c bloody stock! We need some recognition for what we have by the market. Otherwise the dilution will be so great the shareholders won't even benefit.
What happens when Barrick walks from Tusker? Vend it into a junior and end up blowing that stock out at its low when SBS runs out of money again.
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- not yet but 10 dollar per oz ev i cannot help
True. Management seems to be the problem here. The EV/oz...
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