SPQ 11.1% 1.0¢ superior resources limited

Ann: Superior Raises $2.0 million to Advance Further Drilling, page-217

  1. 13,830 Posts.
    lightbulb Created with Sketch. 694
    It is now becoming seriously worrisome!!

    1. No report with assays and interpretation on a hole that was completed more than 4 months ago - Cockie Creek DD7 - or an update as to what is going on, explaining why it is taking so long.

    2. No report at all on drilling at Bottletree diamond drill holes (3) without any comment at all except a late announcement that BTDD11 had started. The market was told that it would be informed before drilling started, and it wasn't. The market was told that there would be an update on progress of the first hole, and it wasn't.

    These are very serious managerial faults imo. The failures with Bottletree are reprehensible imo. It is as if 'we know, but we are not telling you as we don't have to'. Arrogant? Out of touch?

    They have me wondering, again, about the capacity of the Board to manage an exploration company.

    Monday is the next trading day. It will be the 29th day of the month. The Q Reports are due before next Thursday. Is that when the market gets to know what has happened between 1 September and 31 December? I certainly hope that, but it looks like it. Thank goodness that both Q Reports are mandatory, as otherwise the market may never know what goes on behind the front door of the office or at Greenvale.
 
watchlist Created with Sketch. Add SPQ (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $20.01M
Open High Low Value Volume
0.9¢ 1.0¢ 0.9¢ $7.808K 783.7K

Buyers (Bids)

No. Vol. Price($)
3 2132750 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 360000 1
View Market Depth
Last trade - 15.56pm 24/07/2024 (20 minute delay) ?
SPQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.