KK, as one of those who first brought forward the possibility of the company going private, and I now think that is a very distant possibility. The board has plenty of skin in the game and I doubt they would be actively aiming at privatisation as a viable option. If you extrapolate the sales out to 12 months, $18.7 for two and a half months (let’s call it 20 mil for 3 months) is $80 mil in its first year of mining. Had plenty of other companies that are trading and in a much worse place, and continue to trade. My 2c worth on the privatisation subject.
Dr E
MYL Price at posting:
70.0¢ Sentiment: None Disclosure: Held
