Ann: Placement Completed Appendix 2A and Cleansing Statement, page-79

The company underestimated investors and the share price reflects that.

They deserve to see that because of their dishonest deals.

It amazes me to see people doubling down on losers...as they say only losers double on losers.

some investors here feels like part of their board or have rose coloured glasses.

Moving forward, I read 2 different plays:

1- - They already have good drilling results about to be released... and are Bell porter and the likes are playing the market while their mates accumulates it cheap. then good results comes after things settle down a bit. and boom share price back to 5-6c next year.

2 - The company is going to show awful results and have already prepared the capital raise so they have enough funds to keep drilling next year on the hope to show better results and keep going. Get new believers onboard and then do a massive 3c- capital raise

Which option do you believe is more likely to happen given their poor track record of share price destruction?

For shareholders under the water.... it is a tough decision moving forward.