announcment out now, placemnet, , page-12

Perhaps the answer lies in this part of the announcement -

"The Company notes however, that it continually explores ways to increase the value of its assets and, to
that end, is in confidential negotiations with potential investors/partners concerning the Company’s coal
projects. These negotiations target accelerated development of the Company’s coal assets and value
creation thereof. The potential counterparties include both domestic and offshore entities."

C'mon bloomy this us the standard garbage every 2 bit speccy feeds it's dumb shareholders..
This company better pull a rabbit out soon or it's game over..
More dilution to Cygnet , even flakey knows this us bad.