RE: PEA timing.30 Jan 2019 09:20
Like many I am worried about missed deadlines and continual exploitation of low SP by NM and other directors.
Surely BNP and Newcrest must be worried also and are holding back in case they swallow a poison pill?
All great news recently, BNP share purchase , JPMorgan report, continued excellent drilling results, gold and copper prices up, taxation eased.
BUT SP GOING NOWHERE, MORE SHARE INCENTIVES FOR THE BOARD AND PEA HELD BACK??
Day traders definitely have an effect on day to day prices but the value of this company is definitely much greater than the SP suggests but is being held back by superior forces. As far as NM putting his hand in his pocket is concerned all I see is he is putting his hand in our pockets in the meantime.
I still believe that in the long-term this is a good investment so long as the board behaves itself!