The problem DRG faces Opto, is that management are on track to complete one round of drilling per year and that's just piss poor.
Its all well and good to conserve cash, but once its blown on rent and directors fees, it going to be bloody hard to raise capital without heavy dilution.
Unfortunately it doesn't seem like the directors care about lifting the share price. I often think directors have some cunning plan which they are executing behind the scenes to benefit all shareholders but very rarely am I correct.
Really how competent are they? They love to talk up their ability but lets face it, they have lost about 75% of their own investment. Clearly this wasn't a savvy move! They still need to prove their worth in my eyes. At this stage I've placed them in the Mark Early and Andrew Harrison category.
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4 | 35966 | 1.470 |
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Price($) | Vol. | No. |
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