I’ve been watching this one closely and taken a small holding...

I’ve been watching this one closely and taken a small holding for now. The market cap seems to have it way under-priced (although the constant missed targets certainly doesn’t help..)
My one worry at the moment is the lack of information I can find on the 75% (now 82%) owner of the Goldsmith Resources SAC JV - unlisted “Australian Gold Corporation”. As they control the vast majority of the JV, I believe the strength of their management and board needs to be looked at, as well as our own.. A strong management team with track record, in this unlisted company, will go a long way in instilling more confidence in the project (for me anyway).

Other than that I’m raking my brains to see what else could be the reason for this flying under the radar. Does the market expect yet another delay? Production has been imminent for so long now.