I finally got onto the company secretary.
He does not think so. The asset is very valuable and they are assessing different options as far as raising money or getting a JV partner. Of course he was very liberal and gave nothing away but they and the Fijian government want to see the project go ahead. Management has a lot of skin in the game which is why it is suprising to see them take so long to get something happening.
Very strange for nothing to happen for so long. Unfortunitely and fortunitely I guess the biggest shareholder is the MD. Are there any other top 20 shareholders out there that could make some noice?
Wouldn't take much to be in top 20 now. Just a few dollars.
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