My poor sentiment towards Scott and team comes from the below:
-The timing of CRs and continuing to include PAC when they are clearly shafting us
-The oversights on MK1 such as not having inventory on hand or in working order that were supposed to be there. As far as I am concerned as the man in charge you should guarantee you have on hand what you say you have.
-The understated and unclear announcements. First MK2 sample-condensate or not? The disappearance of the MK1 logs and alluding to the having other funding options available, which he clearly doesn’t have given todays announcement.
I don’t think it’s a case of people don’t have the minerals to hang around anymore. More a case of “I am getting bent over here, I am out”. Again no clear path to any significant share price rise. If a discovery didn’t move the needle 3D definitely won’t and I don’t imagine flow testing will either, not with the constant dillution and doom loop playing out.
I suppose our definition of significant gas and liquid discovery varies. 34m of net pay doesn’t indicate to me (or the market seemingly) a significant discovery. The absolute cageyness surrounding liquid samples is another reason I am skeptical of Scott’s approach.
Cheers,
Thai
- Forums
- ASX - By Stock
- Ann: Trading Halt
My poor sentiment towards Scott and team comes from the...
- There are more pages in this discussion • 341 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IVZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.5¢ |
Change
0.003(4.84%) |
Mkt cap ! $87.91M |
Open | High | Low | Value | Volume |
6.4¢ | 6.5¢ | 6.4¢ | $91.05K | 1.416M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 3912 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.063 |
3 | 330900 | 0.062 |
2 | 127863 | 0.061 |
4 | 545800 | 0.060 |
1 | 100000 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 144330 | 2 |
0.065 | 234252 | 7 |
0.066 | 200000 | 1 |
0.067 | 218072 | 4 |
0.068 | 13938 | 1 |
Last trade - 10.32am 18/06/2024 (20 minute delay) ? |
|
|||||
Last
6.5¢ |
  |
Change
0.003 ( 6.56 %) |
|||
Open | High | Low | Volume | ||
6.4¢ | 6.5¢ | 6.4¢ | 438457 | ||
Last updated 10.47am 18/06/2024 ? |
Featured News
IVZ (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online