I don't care if they sell off everything else to stay afloat as long as they progress Koka. The share price dosen't even reflect the proven resources at Koka, so whats the point of holding on to a drink of water while your dying of thirst.
They need to become (or progress towards becoming) a producer for the shareprice to go anywhere. Funds in the current environment are scarce even without consideration of the geographical location. They would pay through the nose for a loan assuming they could get one, and a capital raising at current levels would mean a huge dilution. Best of a bunch of bad options in my opinion. I hold in faint hope.
L/H
SBS Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
