5.178% in Opes (the old Green Frog?).and Director is buying small numbers on market but the undiluted market cap is horrendous with Jindalee (was it a spin off?) owning 25% and plenty in escrow. Capital structure looks dodgy to the retail investor.
Cash position looks okay at approx $4m and Alchemy on board relives uncertainty regarding any ongoing assays.
Future Au price is volatile but promising.
Little projected desk top studies or JORC capabilities as yet. Kitco charts don't cut it (marketing?). "Management horsepower"?Board instability? Portable spectros are of interest.
Cheap but hard to recomend in current climate.
Good luck Hannas. IMO, shareholders should be aware that if their is gold, it will be found.
ALY Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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