Could be a little of column A...could be a little of column B.
All I can go on is what has happened in the past, what is currently happening in the present, and what might be a possibility in the future, all based upon announcements made by the company, plus a bit of independent research to validate my investment.
To come from a base of $0.02 over a year ago, to a 12 month high of $0.19 is a fantastic result.
The company seems to have a sound strategic plan in place.
The company seems to have been working behind the scenes on financing, which has now stalled. Why? Based on this current announcement is due to uncertainty around the 9.5% group.
Based upon the Notice of General Meeting write up, the 3 proposed directors and their group didn't outline much via way forward of strategic plan or financing plan, more so grievances around so called conflicts of interest.
I don't post much on Hot Copper, but this action has really p1ssed me off.
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