The cat is already out of the bag and will weigh down on the share price until a decision on Ravenswood's future is made. Ravenswood was last reviewed only mid last year - basically development progress had to be scaled back due to lack of funds for capex.
It would make more sense to forget about a LSE listing and just focus on the main game - getting the mines fixed. Getting Oz companies listed on the TSX used to be a great idea once upon a time because of the premium that goldies were trading over there above the ASX. Now its the other way around, with the resource companies on the TSX being pretty dead for years. International fundies know where the companies are listed and if they like them will invest anywhere, even South Africa.
loki (yeah I know what I post does not matter)
Ann: Response to newspaper article, page-2
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43.5¢ |
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Mkt cap ! $1.543B | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.5¢ | 42.0¢ | $6.468M | 14.85M |
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| No. | Vol. | Price($) |
|---|---|---|
| 33 | 1020104 | 43.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 944069 | 36 |
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