re: Ann: Second Quarter Activity and Cashflow...
Surprising no mention of AYC - A1 processing results. Nothing inn AYC’s qtr report either, although Patersons made mention of a new gravity circuit for AYC at ORS’s mill that should see improved recoveries. That could be the news out of left field that takes them back to 20c
I like these guys, I like the way they spend money and work methodically - WA will suck money for years to come, glad they got the grant so that they can keep it alive. Rather see them keep focusing on Vic. cash-flow.
If it was not for the UML deal, they would be dead already, they are playing every card very carefully.
Will take time, but could be a great LT hold.
Tightly held by those with lots of skin in the game, is my second largest hold after ave. down on SLR yesterday for a trade, that may be stuck until next qtr.
ORS Price at posting:
11.6¢ Sentiment: Hold Disclosure: Held