Going to be a lot of junior miners running out of cash in the coming weeks/months. The gravvy train has come to a grinding halt. I can't see how sentiment is going to improve for the juniors with a backdrop of large numbers of delistings occurring. The damage has been done with unrealistic director remunerations, lack of performance and too many broken promises.
The only buying will be predatory on assets that have genuinely interesting but may have previously been encumbered by the extremely large cost associated with poor management.
Unfortunately Mum and Dad investors have been taken to the cleaners.
