Hi All,
just an update - shorts are down to around 3.0M.... perhaps we are at the bottom...
There is only an additional $180k to be made if the shares go to NIL or de-list....
4 years on we are now a company with a world class asset but have:
1. No Permits issued
2. A mountain of Debt (EIG 70M + HP ???M)
3. No Debt Funding
4. No Capital Funding
KPI scorecard for the options- if i am correct some options need to be returned as some of the KPI's were linked to funding which have effectively not been met.
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