2021 Retrospective Started with high hopes and ending with repressed hopes.
Monetizing the Mengapher white elephant for $30 m US which has provided funds to construct Floatation Plant and early production of sulphide gold, and initiation of Murchison drilling were the two highlights .
Low lights were taking a loss of $97 million US on that same White elephant and, 6 months after drilling began, we still have not seen a single assay.
In short, we still have the same entrenched management team who continues to ignore timely disclosures of material news, an obvious hatred of its shareholders while benefiting beyond merit in their compensation options while showing that their promotional skills are non existent and of no interest to them.
But we are in the process of weaponizing our documentation on gross violations of corporate governance, which we think may border on criminal fraud .
Going forward , our objectives remain unchanged.
Doing whatever possible so that the substantial intrinsic value of our asset base is fully unlocked...
Merry Xmas to All
and
God bless