Actually they have -> gained respect <- from me with todays announcement of the review.
They had an issue with the reliability of the resource at great depths, and they are acting on it - reviewing their options.
Most other companies would blindly plunge forward, start a mine, burn shareholders capital and explode spectacularly.
They are being prudent.
But I am disappointed with the sell down, especially that prior to the announcement.
A way forward might be to explore and exploit the numerous indications of other Au deposits in the area - something I have long wanted, and one a mill is up and running on a shallower resource - they can reenter and mine blue spec, and do some ug drilling from cuddies as they go.
NWR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
