From a vague and hurriedly scribbled announcement we find out that fearless leader has had a panic attack and sold the gold project we have invested everything into camp, heap leach circuit with an excellent address and JORC ounces, then decides to spend the loot to develop a nameless iron ore deposit for $2m - somewhere in asia.
2 options
a) If Ken really believes this tripe then he is clearly a fool!
b) More likely this is another ploy to fob us off and at the same time stash whatever cash the company has away in Asia.
NME Price at posting:
1.8¢ Sentiment: Sell Disclosure: Held
