Correct.
They can redeem themselves by giving shareholders what they want - multiple rigs on the ground upgrading TH confidence and aggressively exploring while moving towards a development strategy. What is worse than a CR is a CR that lacks purpose and if they do not come out and clearly communicate that they intend to use it on X Y Z and here is the time frames than that is the main reason shareholders sell it off in my opinion.
Management are competent and astute businesspeople but this is poor form, obviously. Such is the game as the spec end so no worries, just really need them to prove they are serious about growing the resource and allocate the rigs...the gold is there!
Ann: Trading Halt, page-20
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