How long is a piece of string?
Yes it takes time but, in previous announcements management have said 4-6 weeks for a plan of action with fracing the discovered pay zone? That has not happened, if things change then it must be announced, if management have prematuarly made that announcement then they should follow it up and correct it.
It has been 3months so far since discovery and all we get is a probable gas in place. That would be a figure plucked out of the air, no science or physics are involved in that estimate. No wonder the share price is hovering and not doing much.
The worst that can happen is for an investor to wait 3-6-12 months in hope that management have not got things wrong, and then get a left field announcement which discredits the discovery. We need transparency so that all investors can invest accordingly.;. This makes for a healthier share price as well as a happier share holder.
It is pretty easy for people to say well sell off if your whinging. Its easier said than done, for some share holder it becomes harder to sell when they are losing money, in the hope that they will recover. This is a speccie stock, and investing in speccie stock is as close to betting at the Casino, even though management have said that it was a discovery.
On that merit, management please suprise us with an announcement showing that the company is moving forward with 3crown, it is getting stale.....
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it all takes time, page-7
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