You should of asked him, Why the urgency to take up office 2 weeks prior a critical 15 cents credit raising (14th December 2015), only to have NO plans in taking the company forward. NO plan in resolving the tax issue in house. NO plan in resolving the Grafex issue in house. NO plan in resolving the former CEO payout in house.
What budgets did he develop? The management team’s solid project development experience in Africa along with targeted exploration positions Triton well, and the team has already developed detailed budgetsand deliverables for the 2016 exploration programs (Higgo, March 2016)
NO foresight with existing creditors and the repercussion with accounts outstanding
The only budget put forth is the estimated $200K payable to FH for VA, which surely is a gross underestimation.
TON Price at posting:
6.1¢ Sentiment: None Disclosure: Held
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