RE: Looking good31 May 2014 13:52
I'm a bit disappointed really, water management issues not resolved even tho they've passed their commitment date, mining ops still suspended (I guess they need funding for that), leaching from two of the sites still stopped, and the quarter has only been better than last quarter (best quarter since Q3 2013, like the way they presented it)...
It is a slow recovery I understand the fixes are not going to made overnight! In the report I liked where they said that management don't contemplate that the business will go under and then few pages down, they say that the future of the business is reliant on subsequent medium and long term funding...Hmmm
The only positives I guess are that the losses have now reduced and the better operational efficiency and everything else is still a big unknown.
I'm not sure how you can vote for the shares to keep listed on LSE...I think it would be better for the business to de-list them just now and save money and focus on other key issues. It would make dealing shares for some of us really difficult right enough but just in grand scheme of things...