I remember Earnst Kohler stating that Bronzewig was a dog and that their management were after EAR's Julius reserves so that could off load the mill at Bronzewig!
Now i am not a fan of Earnst due to his snails pace and disregard of his shareholders, BUT it appears to me now that he may have been correct with his assumptions?
Why aren't the management concentrating on Julius so as they can go to production asap as the Julius drill results far exceed all these other questionable areas they are wasting our cash on.
The dilution is also becoming far too regular for my liking!
I like most other posters here was not at all happy to read their report indicating that 2018 would see the company extending their drilling and exploration thru out the 2018 year?
If my memory serves me right i'm pretty sure this new board got the shareholders nod at the takeover vote based on the fact that they would have EAR into production as a priority!
How quickly they forget their promises to shareholders once the got control of the company and excuse me for being CYNICAL , more importantly, the shareholders cash to enhance their income.
Whilst we allow this management team to continue to dilute our investments and continually delay going into production then we can expect to see a further decline in our share price.
EAR Price at posting:
10.5¢ Sentiment: Sell Disclosure: Held
