Hi Sly,
I am also struggling with last weeks announcement. I can only hope it is a tactic to help in the appeal process. If it is not, or if the appeal takes too long, then I believe the directors will need to start considering the shedding Board positions.
Based on the current share price/company valuation the Board is already $ cost top heavy. Add to that the main focus has been stated as being on the appeal rather than exploration etc why is the current range of experienced Dierectors a necessary cost to the company.
Without Tasmania we don't have much at all!
Worth a look, page-5
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Last
1.1¢ |
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Mkt cap ! $28.05M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 24 | 6564455 | 1.0¢ |
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| CRI (ASX) Chart |