Management’s mettle is proven over and over including in their deportment and recovery during two significant crisises...neither their fault ..ie institutional bailing due to GFC and a near death experience when Samsung subcontracted then for Roy Hill and simply renigged on payment of something like $90M. Two court decisions later S. hummed cand hawed and said it would have it heard again in Singapore and NRW wiped its hands of the delays and settled for $16M.
That it has subsequently come from 4c to $2.10 and is currently still maybe a bit undervalued says everything about them.
It’s run with pride and passion and vision and there are few of these on the stock exchange I reckon.
Gascoyne sought them out not the other way around .
And that kind of seeking out of excellence gives me confidence in Gascoyne despite current difficulties.
