Nice post @speedyl , I think we are on the same page that the folk who farmed the projects in and took or influenced board seats are the ones I'm focused on, hence why I didn't put a cobalt blue line through tunks.
Tunks was then brought in and did his job so I have no issue with him, I think he now should choose a project and then he gets to run what he has found, unlike with the cobalt stuff he was brought in but had no involvement in what the projects were and indeed to his credit my reading suggests that one or two of the assets he refused to buy that the previous management had arranged, but you know more about that than me as I'm new here.
I mean one of our board members was allegedly imo working for the company (ttw or whatever nonsense they are called now) also that bought and then didn't buy the midrim project, is that a conflict? I don't know and I make no comment about that but people smarter than RJ may know?
Yes, to be a shell worth 4-5m with 2m cash is very impressive and gives us the chance to pay a bit of cash for a project and give some shares to the vendor, then do some prelim work that is positive and then raise for drilling etc of the new project.
As you know I am a shell hunter normally when there is a project that no one knows about yet (like I have done in agy, (now sold) asn, dmi (gln) etc but this one is a shell where we have the cash, a good md and a no1 holder who is a complete legend of the game who clearly is holding on.
Having said all of that lets be bold and proud and confirm to the world "we are a shell, we have cash and we are about to add a project and our new name is ________"
I want the "pussy footing" around to stop, Mrs Slocombe as you know (my pet cat) does enough of that for me.
MEI Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
(20min delay)