From recent announcement they indicated that as soon as AYC is listed, ores will be processed. So based on this assumption with about $4M in the bank as of April 2012, there will be a replenishment of working capital to keep them going without having to go back to shareholders, why isn't the market factoring this important fundamental fact? In these times of credit squeeze I would have thought this is a perfect model for an explorer about to become a miner in its own right just waiting for the Vic Govt approval, similiar with how NST started life. Would love some comments from the holders.
ORS Price at posting:
10.7¢ Sentiment: None Disclosure: Not Held