To, “Cut to the Chase”, In my opinion, again only my opinion, I believe we (Shareholders) are being taken for a ride on two fronts.
First of all, 12months before we hear anything substantial on the Mets…Really!!!….Seriously, that’s completely pathetic and a joke.
Furthermore, $4million dollars for doing the Mets. That’s robbery. As such, I would like to see the “CFO” give a breakdown of itemised costings and justification for this. And a time frame to get these Mets done that is more appropriate and appealing.
At the moment, all that I could see happening is, us being “F”ed over here. Just like we did with the pathetic sale of “Riley” deal of $3million dollars.
In my personal opinion, what I believe is happening here, is that professional staff to justify and secure their own jobs and careers over complicate projects, procedures and processes. This could be the case with such slow turn around times with the Met results. Seen it to many times, in various companies I worked in.
I would much prefer the BOD adopts, “Keep it Simple Stupid” (KISS) approach to get a move along with the Mets.
Speaking of which. This is where our mate and buddy “mho25” could come in handy and help.
That’s if we speak to him politely and kindly.
With “mho25” and his “bath tub” approach, we could have this Met work done all on a shoe string budget of $250k and in no time. And I am serious, not kidding. Even if the budget blows out to half a million for unseen costs, it’s still way better than $4million dollars suggested by the CFO and BOD.
Now then, just take a look at all our tenements, the picture becomes more clearer:
Mt.Lindsey - Hundreds of millions of dollars spent and time. At least now it’s pending. However, the clowns what to now have a fire sale like they did with “Riley”.
Livingstone- Hundreds of dollars spent. What is the outcome.
Kulin - Hundreds of dollars spent. What is the outcome.
GGN - Hundreds of dollars spent. What is the outcome.
Thor - 2/3 Given away. What we achieve.
Theme here is: No task was ever done on time; on schedule and never completed. The same is going on with “Jupiter”.
Reminder: 96% of the share registry is “Retail Investors”. We need transparency and answers. Hiding behind a skirt of “Confidentiality” for transparency and accountability is not acceptable by shareholders. The constant draining of our funds / money has to stop.
Please do your own research and DD. This is not financial advice. Just my opinion.
- Forums
- ASX - By Stock
- CRI
- Ann: Strategy Funded for 18 months - Jupiter Rising
Ann: Strategy Funded for 18 months - Jupiter Rising, page-121
-
-
- There are more pages in this discussion • 110 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CRI (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $29.39M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $10.72K | 893.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 7224387 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 5698093 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 7224387 | 0.011 |
26 | 7181897 | 0.010 |
10 | 5863909 | 0.009 |
4 | 4600000 | 0.008 |
6 | 1613928 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 5698093 | 13 |
0.013 | 5571296 | 17 |
0.014 | 5072553 | 7 |
0.015 | 2020984 | 4 |
0.016 | 1211000 | 4 |
Last trade - 13.44pm 07/11/2024 (20 minute delay) ? |
Featured News
CRI (ASX) Chart |