Current projects have not attracted any interest for many years. New management now have there feet under the desk and need to start thinking about a new strategy. Can’t continue to fund these projects with a $4m market cap. Sell up and find something new IMO. They should be able to update the scoping study for the new resource which is a good time to look for a buyer and cash out. If they can cash out of all projects for around 10m in cash then they have a good chance of rewarding shareholders in the long term
Current projects have not attracted any interest for many years....
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
