re: Ann: Notice of GM and Proxy Despatched to...
it simply keeps going down... any insight regarding any possible value recovery will be much appreciated. =============================
Why,
hopefully you've seen the latest release which confirms the better grades that are expected at Gib, also good news that Geko has returned higher grades than at the Bacchus and Phoenix pits. Both should, if intergrated with the PBF, help to lower the Opex figures.
The value is inherent in the asset imo but markets are very skittish so everthing has been sold off regardless. 3million plus oz, which over time will probably be much more, will not go un-noticed by a mid/major, but for now Brett needs to show his entusiasm and vision asap of how he/we will achieve shareholder value. We still unfortunately await any positive vibs from the BoD's which is negligent of them imo.
BAB Price at posting:
18.9¢ Sentiment: Hold Disclosure: Held
