the other alternative and probably more prudent choice is to curb expenditure on the drilling.
Lets face it, continuing to operate and expand inspite of shareholder losses is not in the best interest of shareholders - which is the directors primary responsibility.
Humble, ST, i agree completely. there is no way a company can come out of suspension after 5 months and say we need more capital. i would have thought that the trading half could have continued even after the announcement due to this main capital raising even.
it feels like we have just been thrown to the wolves.
i honestly cannot comprehend this is happening now.
PLV Price at posting:
6.8¢ Sentiment: Sell Disclosure: Held
