Ann: Latest Infill Drilling Results from Rockface, page-3

The board is hopeless when it comes to making any announcement. They have the delusion that people other than shareholders will read the announcement or report on it.
the share price is very important when financing but the board clearly believes it will take care of itself.
WRONG!
They need to invest in PR and appoint someone to look after capital markets.
They have a fantastic story but no one has heard of them.
Thry also fail to present the results in a language anyone other than a geologist understands.
At every opportunity they need to point out the fundamental numbers ;
1.They are looking at a mining rate of 2 MTPA at a copper equivalent grade of 2 per cent.;
2.The previous study gave an NPV of cxxxxx St significantly lower metal priced
3.The main purpose of the current drilling is to move reserved from inferred to measured to assist in financing.
They need to get a research report out yesterday.
If the board does not appoint a CEO who understands this ,the next financing will be closer to 7 cents
That is great for the Indonesian major shareholders as they can
Increase their ownership without making a takeover.
And that will make it more difficult to get Governmebt funding.