Ann: Trading Suspension, page-49

I think there are certainly geological questions to be asked (eg Golden Wings according to all I have heard and read has delivered far worse than anticipated results to the point where I don’t think they are even mining it right now ) .
However even if there is less gold than was originally forecast (a 6 year LOM) there is still gold and gold prices have gone up.
And there is still an operation mining the gold .
And all of the reports have anticipated better grades deeper down
.....so it may be worth keeping things rolling along but with a shorter mine life?
Funders don’t want to throw good money after bad so if there is a new funding package to help Gascoyne out I imagine the funder would have needed to be supplied with some very convincing evidence to the good?

We will know soon enough ...
Good luck .