I worry that they are going to give half the company away or at worst the whole lot without asking the current owners to get involved in some rescue plan. The share holders are just a source of short term money for some of these people.
I'm with you Ped. I would like to view the mine and work out reactivation. Get production costs down, improve leaching and get income instead of just spending what is left in the bank.
Maybe they should vacated the Perth office and work from a garage to keep costs down.
AYN Price at posting:
0.1¢ Sentiment: None Disclosure: Held