Agreed. The quarterly is a shocker, woeful cash burn which evidences why the credit facility was put in place recently. I suspect that there will be a cap placement in the 6's shortly after gam approval and/or rights issue/spp
On the broader front ORS is not productively getting the gold out, investors need to consider whether long term hold is best option. I have exited and will wait on further quarterly a to reconsider investment worth
ORS Price at posting:
6.8¢ Sentiment: Sell Disclosure: Not Held