The current share price is very disappointing. Norregaard has a habit of putting is foot in his mouth as evidenced by the early Christmas present comment and followed up with a statement at the Sydney conference that he and his BOD were happy with the share price at 30 cents, albeit with optimism for further increases as the company advances towards production at Armstrong. I'm not happy with the share price Steve.
Unfortunately the failed attempt to create hype around the Faraday resource has imo contributed towards the depressed share price, despite the company spending near on $20 million on drilling over the past 18 months. On the matter of money, by the company's own estimates we now have less than one quarter of funds left in the accounts. Accordingly expect a trading halt for a capital raising in the next few weeks at an inevitable discount.
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