Lockitt You disappoint me too with your snide remarks about my integrity. Everything I have commented on is factual and in the public domain. What inside secrets -pray tell. It's common knowledge that everyone wants the board restructured.
Companies are not built by old women with an obsession for one project with a commodity that has no investor appeal - who won't let go -won't get out of the way and let someone with real exploration and mining skills assist in the direction of the company.
The commentary on here about everyone wanting their project explored is not factual. Barry hit the nail on the head and I have no doubt most agree - Frewena is a great project and I bought into this company based on that project and the video by Rob Heaslop. But it needs to be joint ventured with a major. If I was the Managing Director I would have had that discussion happening years ago.
We don't have the money to embark on that project. Given current market sentiment to raise serious money at a premium without destroying the share price we need to be involved in lithium and we need new switched on directors on the board to breathe new life into the company- not someone hindering the move to develop a commodity that may put the company squarely on investors radar screens.
We have multiple phases of pegmatites to over 100 metres depth in similar geology to Minas Gerais in Brazil at Bramall Hills and we are focused on Frewena using up all our spare capital with the agenda dictated by someone who has virtually no shares -with a personal obsession on a project that even if we get a sniff of mineralisation will be worth but a fraction of Bramall Hills if those pegmatites come up trumps.
What is it you don't understand.
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Mkt cap ! $12.61M |
Open | High | Low | Value | Volume |
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12 | 4569047 | 0.007 |
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6 | 3217588 | 0.004 |
Price($) | Vol. | No. |
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0.010 | 3114283 | 8 |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
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