Share buy-back, page-110

It certainly seems that way !

You of all holders have stuck with the company for yonks - it must be quite depressing to see the price today.

I'm a sucker that tries to look on the bright side. They have built the companies assets up many times since they first built the mill. The increased reserves/assets have been increased hugely, and on a shoestring, as as we could afford it.

We do pay a fully franked dividend - it's a pity it's only once per year - but that might change this time ??
If shareholders can see a steady/regular income together with exploration surprises we will see much better support.

Additionally, the large shareholder who is constantly off-loading into the buy lines could be countered by a selective buy-back as has been suggested by many.

Finally, the gold price hasn't helped much - it is moving higher and if you can believe some of the spruikers, it has much further to go. Here's hoping !!

It's always darkest before the dawn .....

Cheers !