Ann: Market Update South African Sale , page-6

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  1. 347 Posts.
    It is not good news don't get me wrong. We need cash flow to not get our shares diluted 'massively'. I am concerned.

    Two Sth Africa bad news plus (loss of leases and Mintails)and a halt in Indonesia. Christ! a perfect storm. Maybe?

    No explanation but my 'gamble' is that WWI can produce some gold and hence positive cash flow before they need to raise more cash (which would not be good at this price).

    But let's face it at this stage it is nothing but a gamble. I am all in. But I also understand people that are all out. Can go either way.

    Indonesia. Sth Africa. Christ!



 
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