CEL 2.13% 4.8¢ challenger gold limited

Ann: CEL Achieves Carbon Neutral Certification at Hualilan, page-10

  1. 1,078 Posts.
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    I would of forecasted ahead in regards to the depletion of funds and the amount of money to complete exploration in that way I wouldn't do capital raisings at 12c but at 20c.I would of looked for a partner to develop the mines and therefore help with the cash position and I would of done a roadshow both here and overseas.I wouldn't hire staff that don't produce any results like the director in the US who was to assist the company which to date I haven't seen anything concrete.I would of been in tune with the market and not delayed announcements which causes uncertainty in the marketplace. I would of given to a corporate at higher prices in a capital raise who wouldn't sell and the share price would not be at these levels.I don't know if Kris can deliver and its best that he realises this and gives another individual from the corporate mining world a chance to bring the company into a better position and hence increase shareholders wealth


 
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