Obviously O'Sullivan and pals did not like what they heard last week and are baying for blood. I think this is a major change, and I'm not convinced it's right. Conroy has huge sway over there, and ousting him from an Irish company may be a bad move for us. But if it leads to faster progress towards mining I'm all for it.
Obviously O'Sullivan and pals did not like what they heard last week and are baying for blood. I think this is a major change, and I'm not convinced it's right. Conroy has huge sway over there, and ousting him from an Irish company may be a bad move for us. But if it leads to faster progress towards mining I'm all for it.
that's what i've never understood. I know gold prices have been low, but even the drilling etc has been slow to produce strong indicated and inferred resources of JORC standard. They've not done much to highlight to major investors to buy or JV into a mine. No sound of a EA which has to happen. Just never seemed to get near to having a mine starting, despite numerous times saying a mine would happen "in 3 years". i hope that this company will get some impetus soon to move it forward. GLA
I honestly don't like our chances either way with this. BOD won't like losing, and it won't change if they all stay. Plus I expect funds are running dry as it is.
I say vote yes, as the last 5 years I've been in here have been a mess.
Agreed. If they can sort out this further work before the end of the year, then we should hear some positive news early next year, and possibly even a JV.GLA
So we will only get a 78% uplift this morning not the original 100%, which was half expected. the lack of free float for me means this should go up quickly this week.
They've got a lot of work to do in order to get the permissions they need to drill, then its all down to financing in September/October.
I think its got the makings of a much larger SP.
Is this purely down to punters not seeing the RNS and so selling out? I'm missing what is negative apart from having to raise the cash or find a JV partner.
I don't get who has recommended this post?! The figures are wrong.
they are annual figures, and therefore, for $53m input, you get back $270m before costs etc. This should be well over 20p!!!