It's a worry that there are now zero revenues, some odd bits of crushing plant, and scoping studies taking years to complete.
I have serious doubts these guys are able to get an operation off the ground. Best chance we have is to get an operator partner. Price will be capped as well as people make for the exits... Fingers crossed this new md doesn't do a share consolidation on us... I reckon he will though.
Anyway enough out of me, hope you see some of your capital back one day.
CAS Price at posting:
7.8¢ Sentiment: None Disclosure: Held
