I cant see them in administration...yet...
They still have $3.1m cash and staff costs are only $1.2 per year, so it could be a few years...
I cant see anybody investing here. I reckon not one shareholder would put more in.
Why buy at 4 cents when the last price was 3.5 cents.
There has been no announcement or even a hint of new activity. The Phase I,II,III plans have been shredded and are a distant memory. These plans were what we believed were somewhat credible...even if only to Phase I. That would have been a fine effort. But nothing!!
Exactly what are investors getting for their 4 cents????
Not even a fantasy.
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