You have hit the nail on the head there The Dream, if we do not have any positive news within the next six to eight weeks to kick start the share price to a more respectable level i.e 15/20c then I believe we will be in for multiple cap raises to maintain the board's lifestyles and if this happens they will do a share consolidation and here we go again, anyone holding less than 10mil of shares will be left out in the cold, if this plays out the share price will plummet once again due to the inaction of the board by not delivering a working mine.
I am banking on the next news release to be a cap raise as I have given up for now on anything positive to be released.
All my opinion of course and most likely to be incorrect. Anyway food for thought.
cheers.
Ann: Ironbark Extends MOU with Norwegian Arctic Specialist LNS, page-61
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