Sorry to say but told yaz!
This is far from over. Forget about the US$30mil, it's not gonna happen. It'll end up in the Courts over in Peru and it's going to cost SRK millions imho but I reckon they'll end up with 100% of AF. I'm tipping they may have to pay D&C something to go away as well. So all in all, yes they have $20mil cash right now but the question is what do you think they'll have at the end of this process, not withstanding also the $9mil they have to pay Cuervo?
Back to previous low levels we go imho but at some stage it will represent a great entry/top-up point again.
Good Luck All
bad news, page-2
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.931M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24670 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 4161 | 1 |
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| Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
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