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We are still producing and selling gold, and the AUD gold price has jumped over $100 in just 2 weeks.
While I do get that everyone is very angry, I have moved on in the sense that its up to Brett to 'right the ship', and get the best outcome for sharesholders, which IMHO will entail a cash/script offer from the likes of NST/IGO/MLX
(but I would not discount some on the ASX with smaller market caps, as the sheer amount of acreage must be tempting) etc. With an MC of just $13m, and an E/V of perhaps $4-8m. To me it would seem a very logical acquisition to allow companies to grow their resource bases through exploration.
Good luck to all holders, we sure need a little.
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[ATTACH] We are still producing and selling gold, and the AUD...
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