RE:Way too much cashbig question is if they finally realize that they have to earn money with the cash and not just burn it for useless expensive high risk exploration
in the past they had a good timing with M&A deals at Malartic and selling Marsel but they still have to show they are able building a real company - generating free cash flow, net profits for shareholders
this company is a disaster for shareholders and I still do not understand how they act
stock price shows that people expect they will not learn from mistakes in the past and keep burning for exploration in Kaz. while they will not get more than 10 or 15 USD per barrel --> negative cash flow
let´s hope we will see (really soon) a change - otherwise they will burn quarter for quarter down close to zero