Its good to see investors piling in following investor presentation on thursday - NOT. We have now hit 2 year lows and its looking a bit bleak. Chairman getting less and less optimistic with share price I believe. Investors are exiting the door. I think management are culpable for not making it clear some time ago that the block cave method would push out the timeframes to the extent it has. I also think the go slow approach is to match expenditure with Angas revenues. I think further placements & dillution would be unpalatable.
The fortunate investors are those that sold before the announcement. What should have been a key positive milestone has backfired.
just my thoughts.
roadshow
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