CEO 0.00% 4.2¢ c @ limited

trading halt, page-6

  1. 4,659 Posts.
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    V

    I can VERY reliably inform you - courtesy of my Broker - that management are in HK doing further presentations to investors and then will be in Sydney next week. He is actively working on the CR. so don't fret the small stuff - like whether the TH comes today tonight or tomorrow.

    ME is one guy who doesn't have time to lounge around St Georges Terrace....he is too busy trying to make this thing work.

    And while we are waiting for the next chapter to play out, people may lie to have a look at the history of AUT - Aurora Oil & Gas. ME and CEO are heading down the same path AUT did back in 2003/2005 - backdoor listing into a shell (in their case it was TONY BARLOW); acquisition of project; consolidation of shares; capital raisings and then....execution of strategy.

    No-one knew at the time whether AUT would ultimately be successful (they are now a $3.30 stock) and it all came down to 'execution". AUT shares were once 1c, and after some consolidation they were 20c/30c. Since then it has been a long winding, but ultimately MASSIVELY successful trip.

    Lets remember ME is still basically a one man band right now, so lets not be TOO hard on him just yet. The faithful really do need to cut him a bit more slack until after he has hired some help and this story can start writing some new chapters. We are still only at the "Introduction" stage.

    Ultimately we are all hoping this will be another AUT, with the share price much higher than $1 in 2 years time.
 
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