RE: Pathetic4 Jun 2025 11:00
Olearny exactly that. The strategic intent of the company is not to mine clogau it’s to invest into a range of projects.
From the annual report:
"(Hold) a range of assets with potential to add significant value for the Company’s shareholders in the long-term. Our strategy, where possible, is to target assets that have a history of production or advanced exploration and are in stable jurisdictions, and which thereby offer real potential to be brought into commercial production. At the same time, we will also continue to pursue earlier stage opportunities which fit within our overall portfolio or strategic outlook, whether from a geographic or a commodity perspective."
I think I too have been caught out not understand that was the goal instead thinking they were focused on being a Welsh gold miner and I am not sure if the intent has changed.
In terms of the strategy they are achieving it through investing into Finsbo and generally the AGM votes are supportive of the BODs actions and intent.
I think myself and a lot of others here are upset because they are disconnected from that intent and instead want the company to focus on clogau when that hasn’t set out to. Albeit they still are moving forward on clogau