It does seem like a sad state of affairs when you put it like...

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Mitzu007

1,315 Posts.

17/05/15

18:20

Post #: 15296291
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Originally posted by goarmy ↑

I expect it to stay at the .001 level "but" I do expect there will be many S/holders selling/leaving this stock because of the Co's ongoing failure to meet ore & financial targets over and over again...........I think many S/holders may also be seriously considering selling a significant portion of their holdings to offset any Capital gains tax issues they may have....... After all it's almost the end of the financial year tax period...........

Like I have said before, I think the Co will have significant issues ahead of them in obtaining substantial amounts of good grade ore to keep the plant operational and recovery levels being economically viable.

I suspect with the recent appointment/ employment of locals by the Co at the site/plant operations is a very interesting move or attempt IMO to have the " new Co's staff employees" tell the "other indigenous locals" on how things will be & are going to be done...I hope it goes down well, and is not seen as being too heavy handed ...if not IMO it will be the start of much local resentment against the Co in general.

At current S/price levels I suppose most of us are well and truly stuck with these shares, with no other real option but to put these shares in the bottom draw and see what happens in due course....I suppose we will all just have to wait till the next quarterly for now.......

Like always DYOR.

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It does seem like a sad state of affairs when you put it like that!
Thanks for your reply. Mitz

TTM Price at posting: 0.2¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 41.0¢		Change -0.010(2.38%)		Mkt cap ! $81.34M

Open	High	Low	Value	Volume
42.0¢	44.5¢	41.0¢	$972.6K	2.327M

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No.	Vol.	Price($)
2	7300	40.0¢

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Price($)	Vol.	No.
43.5¢	48500	2

View Market Depth

No.	Vol.	Price($)
1	3874	0.425
1	2150	0.410
1	62780	0.405
1	4999	0.400
1	10000	0.390

Price($)	Vol.	No.
0.440	44298	1
0.450	150126	6
0.460	10343	2
0.475	1920	1
0.480	18292	2

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It does seem like a sad state of affairs when you put it like...

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