I thought they would not need a CR, but if the bankers insist on one then we could see around another 100m shares being issued, I suppose.
The market is saying bend over and take another beating you goldiebugs.
Rather disappointing. Fortunately I sold half my holding sometime ago. Will look to buy them back once EAR gets closer to production.
The gold/goldie market is basically in the toilet. They could go either way - waterfall down or have a bit of a jog upwards before the Fed's coming 2018 rate rises knocks them back down. Not much point in holding them at present, even ones with seemingly good longer term prospects. Even WAF has been getting a a solid kicking, despite its cash and solid FS.
loki (I never dreamed that my 2 CSG/oilers and copper hopeful would be outperforming my goldies.)
EAR Price at posting:
20.0¢ Sentiment: None Disclosure: Held
