Agree oze, but I still think it is the opportune time for a buy-back and that a $5m outlay (or indeed, threat of one) shouldn't affect our ability to secure the next gold deposit.
Anyway, hopefully I am proved wrong in the short-term and we see the SP rise on the back of some results or an announced acquisition (which then vindicates the decision of management/board not to announce a buy-back).
buy-back, page-5
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