They have had more than enough time. How much cash left? How long until the administrators are called in?
Time to find some other people with non-resource projects and a broker that is willing to back them. Placement to pursue new opportunities, new board, project acquisition, share re-construction, another cap raise over time with existing shareholders given opportunity to participate, new company name & ticker code, etc. 12 months later and this company is alive again. These guys know how its done because they have done it themselves several times in the past. This company has no pulse. They need to face reality.
Its either administration or mass dilution from here imo.
Merry Xmas.
WOF Price at posting:
0.5¢ Sentiment: None Disclosure: Held
