Still not sure what to think about consolidation - in a way it just gives it further to fall.
Hoping that 1350 aud is the bottom here as it is a bit edge of the seat-ish at the moment. Very thankful that we have such strong cash backing. Hopefully a few companies with high grade deposits feel the pinch and allow us a cheap opportunity. Something like DRM or ABU would be an interesting acquisition at this point.
At the least we still have the financial capability to expand mill capacity - which would go a long way to making the company strongly cash flow positive even at these prices.
Two weeks until the quarterly - will make for some interesting reading. Hopefully still 170 ish million in the kitty.
Still not sure what to think about consolidation - in a way it...
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