I am still a reluctant shareholder as I did not sell at the low share price a month or two back. I will hopefully sell when the price is high enough to cover my losses.
For what it's worth, I think a new board altogether would be best. I did say at the time of the "performance" rights that it stunk of pigs in the trough.
I agree that Richard and Peter were the best thing going for Auris/RNI and that is why I was involved.
The VTEM is very expensive and probably a waste of money, but to keep that much ground they have to do something. That survey alone would have been 200-300k at least.
The IP would be a good move though. Try something that hasn't been done before on their best project (IMO Wodger). It won't get them a target at the depths they were drilling, but they don't have any clear direction on where to proceed next. The downhole EM showed them nothing so they are still dealing with a broad area for future targeting.
AUR Price at posting:
6.8¢ Sentiment: Sell Disclosure: Held
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