Running Commentary on the SP Movements., page-17753

Lack of reported results means the share price doesn't get to reflect those positive results. But visual inspections of cores would be giving geos an idea of content just by looking at them - assuming they are being drilled (which I do - but slower than they were supposed to be).

The delays in the reporting of drills and cores means essentially the current shareholders are funding work that we aren't getting reports on. I'd prefer reports BEFORE announcements of any deals.

They had enough cash for nearly 20,000 metres of drilling, then produced a single hole, close to another hole (big surprise it was good like the first hole) then did a cash raise at discount (out of an abundance of caution - well maybe) but then they had enough cash for 40,000 metres of drills but the damn 5 drills were suddenly only partially available but still as compensatory pacifiers there were some MOUs (the word binding wasn't mentioned though) and the cheering section started up again. But from what I see Klaus is using current shareholders funds to produce results (or to slow play whilst pretending to produce some results eventually) and the share price remains comparatively down - therefore making any offer that comes now (on the now lower share price) look comparatively generous.

It should not be the job of geos to roll out carpet or to stop work to clean up for a site visit.

The slower Klaus plays things the more the retail investors seem to cheer the lack of results they are seeing for the investments they have already made.

I know I am being grumpy - but current shareholders don't even seem to be aware that they could be being deliberately slow-played.