HREET "Kavanagh now gives Coyote the prospect of being sustainable and cash positive in the short to medium term."
You may think so but will the market believe so or will it require empirical proof.
Some of Coyotes grades were impressive too but they did not manage to turn a profit.The two are going to be tarred with the same brush I afraid.
I would go as far as to say even Groundrush is tainted with a perceived and unwarranted execution risk.
I do respect your opinions and would be delighted if you could expand a bit on why you think Kavanagh will succeed where the Coyote is difficult and doomed to failure.
The team may be more disciplined but GS's idea of getting stuck into GRwas with the benefit of hindsight the correct one. How much bucks on Coyote and market cap have we wasted since he was firedIm sure he would have done a cap raising at closer to $1.
Im marrried to my shares now ,and can hope they are able to unlock the real value GR without too much further dilution. Someone patiently buying these last couple of days giving me very modest optimism again
TAM Price at posting:
11.3¢ Sentiment: Hold Disclosure: Held
