Ann: Fraser Range Land Holding Increased, page-7

Scorpio

If that is the strategy all well and good but stop feeding us bullshit about when the drilling will commence. Land banking is of no use if we have no money to drill any of it. Nearology will only get you so far. at 0.06c any CR will mean massive dilution of our share holding.

So either they start drilling and stand on their own 2 feet or keep hanging on for someone else to strike something and in the meantime we close our doors for lack of cash.

Just seems like mismanagement on a large scale to me, hope they prove me wrong and their strategy makes us all rich, at the moment I see my hard earned just sitting there going nowhere. I thought about selling but I would never forgive myself if these guys actually discovered something and so I wait like everyone else.