Share
1,353 Posts.
lightbulb Created with Sketch. 222
clock Created with Sketch. 24/11/16
14:22
Share
Originally posted by Motors
↑
Will we trade meaningfully above 6 cents? Maybe two months ago we would, but now with the sector heavy I think unlikely. $45 mill seems generous mkt cap with no clarification around the other 20% holding in Ancuabe and CGT tax issues still unclarified. We havnt even seen a meaningful investor presentation from new management. I'm also not a big fan of the fact they have to do so much additonal drilling, does this mean the massive drilling campaign pre VA was largely a waste of money? And along with that waste of money how about all that cash given to Graphex for nothing! surely mangement would have levered off that to get Graphex to the table by now, instead we've heard nothing on the 20%.
Expand
Wow one day your pro TON the next down on the company. One would think you don't want it to take off too quickly before you top up again at a low price.
