Some facts.
October 2015 - resignation of Chairman Frank Terranova (over 25 years experience in gold mining sector)
Non-Executive Director - Simon O'Loughlin (also part of KSO / Xref acquisition)
Shares on issue ~119 million
Market cap: $4.8 million
Cash ~$4 million
EV ~$0.8 million
An excerpt below from announcement in late Nov 2015:
In my opinion, not a matter of 'if', but 'when'
The beauty is that this company is cashed up, meaning a transaction can potentially maximise usage of cash and minimise dilution of equity.
Some facts. October 2015 - resignation of Chairman Frank...
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
