Yep, spent way too long sitting on their hands waiting for San Luis permits. Blowing millions of CR cash in the meantime, when they could’ve progressed one of their other holdings. Nearly two years since a drill was turned and how much cash have they burnt in that time?
Can not blame holders for not being interested in this. Management has very little to show they can turn this around.
Ann: Extension of Closing Date for Share Purchase Plan, page-7
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Mkt cap ! $560.2M | |||
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