I agree that it’ll most likely be the former but there’s something about the attitude from management that gives me the feeling that they might just have an ace up their sleeves to keep us punters chasing the proverbial carrot.
The Mineral Leases are the most likely item to provide a bit of news flow and a short-term bump in the SP (unless this breaks back into the 20’s then it’s the same old trading channel). Trapped holders are often the biggest handbrakes to SP appreciation even once the fundamentals start lining up and TNG has no shortage of those - only a solid fundamental announcement (similar to the Woojin LOM Ann) will be required flush out the deadwood now.
I’ll continue advocating change and a restructure of the board moving forward regardless of the SP.
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