Indeed the paucity and opaqueness of the information shared with we minions is what irks me the most.....yet you would bet every cent you have that Gandel and co. weren't treated with such disdain?
Why expend such large capex $$ quarter on quarter if you can't pay your day to day bills? Isn't that the definition of insolvent trading?
Why was so much money spent on the tailings dam, mining fleet/equipment and even the refurb of Union Hill when it appears they don't even know where the gold is there...as another poster mentioned - where was the exploration/resource drilling?
These guys aren't amateurs, that's for sure but....so how does this all make sense?
To my mind, something simply doesn't pass the pub test here...
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Is this another farce by possibly an illegimate Board, page-13
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