- AOC's funding for 13 million from an outside party fell over. It was beneficial to have a high SP at that time.
- Recent Lundin finance given as a loan, while shares were around C$5.00 with free attached shares.
- With Lundin now likely to fund drilling via a share placement, it is in his best interests to have the SP as low as possible, hence the sell off.
- The positive seismic announcement was deliberately followed by ambiguity and two negative statements. These statements conflict with what Rick is saying privately. Lundin wants the AOC SP lower before funding the drill program IMO.
- The seismic program was intended to complete 2600km. Why have they stated that the seismic is completed? Because it has already been interpreted and they have all they need. If the data had not been interpreted, the program would have continue until completion.
Go Range!
- Forums
- ASX - By Stock
- RRS
- consider this
consider this
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)