look guys, seriously, this company has a market cap of R400m for an industry that needs billions to sink shafts and bring new mining streams on line. They have inherited all the ***** that has seen many great mining houses before them brought to their knees (anyone remember Simmer and Jack?). If you still don't believe me, look at their revenues - declining - costs - increasing. What on earth makes you guys think this is a sound investment?
but skaap you don't understand .. the world is going to end, gold miners will be the new central bankers and the juniors will be the masters of the universe ?? unless of course, well unless they fall down their own shafts first ..
I think this company wants to get out gold minning ASAP and will use funds from Lesego and Cons Murch to fund new investment company. I think after Lesego, Tau Lekoa is the last mine that will go up for sale then it will be new beginnings. Just hope management gets it right this time around. This is a wait and see game.