Yes it's definitely going in the right direction with selling from top shareholders having abated & maybe Baker Steel still accumulating.
Still potential for a happy ending to this story as it has huge leverage to the NZ goldprice and most importantly the BOD haven't diluted shareholders so only a reasonable number of shares on issue - we want that situation to continue if we are to get a decent kick in the shareprice.
We won't get Q4/yearend results until Feb27 but they have signalled a better Q4 with higher production.
It will be interesting to see if their auditors force them to make a substantial provision against their Dipidio expenditure - I would expect one if the BOD don't come up with what looks like a firm proposal for sale or JV by sign-off date.
Yes it's definitely going in the right direction with selling...
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