Brian
Good point .In fact we as common shareholders are trapped in these guys their plans because they don't give a sh..t for us .In fact supposing they get it done in time the earn massively on their shares directly while we have to wait ubtil our sp reaches the starting point where we first bought or we have to average down causing more money to inject to aquire more shares but they have their portions for free .
Just found these posting
..Investors Digest(most recent)...
...downgraded...$1.25 for 12 month out...from current $1.38...
...reasons-huge debt position
-not meeting 10000 target on the GD
-questionable ability to cover future expansion needed with production
...liked fact that they have come through with development on time and on or under budget, also there is a possibility that they may in fact be able to attain higher production towards target based on experience to date, but that is possibility only and seems outweighed by the reality to date...
...no mention at all of takeover prospect...
So looking to these arguments these or all discussed up here like the debt problem ,the not meeting design capacity and the question now is also can they achieve thge predicted 17.000 ??With bourses also in a very weak condition we don't have to expect much in coming weeks.Maybe a good reserve report can add some value to the NAV.
I've been thinking if they could find a partner that this could serve as a good support for the sp and also bringing some stability in the companies projects for the future .They simply can't achieve what they are predicting to do.