RE: The chances of success at Clogau ...29 Jan 2026 08:53
It's nothing to do with my losses it's the fact that shareholders are paying for their lifestyle with no rewards to us.
Do you not think that Gold mining companies looked at Clogau. They obviously new that spending millions wasn't feasible on running tailings, all the health and safety work required, blasting, getting all necessary permission etc etc.
So why does it become feasible for a company with shareholders, because it's not there money they are risking. GF could walk away if not successful without any financial loss, in fact he would be quids in with all the wages he's had.
Could a Gold company do that without shareholders backing. No they would suffer large financial losses.