this folks is the ann that in my view proves Timber did intact have a conversation with the company.
lets get real here, they will have limited cash, and no money to drill next prospects. even if the farm down more i very much doubt they will get a promote rate.
the CR has been flagged and i assure you medium term will fall into what we consider ST - less than 3 months
the ann in my view simply proves this is a cashed strapped company ( to what extent nobody knows ) that will need a significant CR
not what many want to here but i offer my thoughts for those that are serious about wealth creation and preservation
NEN Price at posting:
6.6¢ Sentiment: None Disclosure: Not Held