Ok I'll explain it one more time and that's it with you , now listen clearly.
I've been a holder since FNT, and sure bought maybe a bit high, but Tolukuma spent plenty then nothing, then they acquired Murraydiam SA and WA, , then CR at 1.4 ,but not to holders, then stock runs high to 5, hmm wonder what those sophisticated did with shares at 1.4, I have no idea? Then no raise near the highs, drilling at WA and SA was probably less than average, then all the way back to 0.006. At that time most LT holders had huge losses and especially those that bought on the pump. Sure there were ample chances to get out, but only those that bought lower.
So then at 0.006, another CR but this time at an incredible 0.003 and again not to suffering shareholders?, but to be fair another acquisition.. So add another 1.19 BILLION shares to the already 1 billion plus shares on issue. Ok so we got the rise again but only to 1.2 and guess what, down she goes again and I think history WILL repeat and this back to 0.006 soon?
So this has happened twice now, and shareholders didn't get a chance to participate in the low ball CR at 0.003 but we did get to add dilution to our holdings????
So whilst I understand your " would have taken too long" or " would shareholders have taken the shares if offered" or "easy to get the whole lot to sophisticated investors", my issue is THIS- When the stock was pumping why not try a raise at the highs to those darn sophisticated investors since the volumes were huge, rather than see the whole thing fall back to 0.006 and then do a CR ,but at not 0.006 the price at the time but a staggering 0.003 issuing a whooping 667million at that low price plus another 500million odd vendor shares I assume also at 0.003 value.
Now I give up, and as I said, if you are happy with the above situation, then you are a better man than me.
And I held through all this for your information, and sold out at 0.009 coz I couldn't take it any more
ANd before you jump down my throat AGAIN, I blame nobody else for my bad investment decisions here but MYSELF. I understand this is high risk exploration and costs are enormous and there is no Guarantees as far as offering alternative solutions moving forward, that is the boards job, I have no idea now the stock has over 2billion shares on issue and looking to go under 1 cent again.
dont reply to me again and if you think my posts are " foolish" and you are "suffering fool posts", then use the damn ignore button, but as i said im not interested in posting here anymore, so please stop replying and i WONT!
(20min delay)