If these 3 steps are undertaken then it can only be a major positive step in the right direct for current shareholders. Improved corporate governance and tighter controls around AXIS arrangements could make these last 4 months of suspension well worthwhile and a re-rate of current SP coming out of the wet season.
A further update on future mining operations, installation of new equipment and finalised mining plan should be on the cards after relist. I have said it all along 2019 is going to be very interesting. We actually have a confirmed JORC resource, infrastructure in place including state of the art XRT, sales channels set-up and five pits - Excalibur,Gwain, Ywain, Ector and Kaye which have to date barely scratched the surface...... Not many small caps in this kind of position.
MED Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held