Busterhut,
I gave you a TU because to a point you are correct - we need to move on.
We will move on, i am sure i am not alone in buying more shares when the announcement came out and dropped the price, but that doesnt answer any of the questions.
What is the 8 mill going to be used for?
Where did the test results from Maridadi come from?
Yes we are all holding for a commercial discovery, and it WILL happen - we all know that - that is why we hold.
Cath should announce what the plans are very soon and just help to restore a bit of sentiment amongst the shareholders.
I think thats all that is really required right now.
A lot of posters have asked why we did the ER / Cr now and not when the price was at 5 or 6 cents - i think the answer is simple here - they could not do another 10% CR/ER without the approval of the shareholders - this was given at the AGM and therefore was the approval to do so. If they were to do it any sooner, there would have had to be a special meeting of shareholders to gain acceptance of the terms to enable the Er/CR to go ahead.
I am going to continue to hold as i have faith in Cath and the team.
Am i dissapointed at the moment - yes but only because i am nosey and want to know why the ER/Cr had to happen as quickly as it did.
GLTA and keep those chins up - the time is nigh........
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