Not that bad25 Mar 2022 07:22
Not bothering trading this one today. Long term may even add if it drops to 1.52p or below but doubtful.
Just because ‘right now’ there’s a temp sanction which prohibits the Gold offtake, there’s actually no stopping gold production.
They could stockpile the gold and eventually sell it, perhaps even for higher gold prices. None the less still a producing mine for a fraction of the market cap it should be. Can mm’s drag it lower that much? Maybe to scare some weak holders and I guarantee many will be scared and jumping ship for a loss instead of waiting 2 weeks
Not the best RNS but could have been worse