Major shareholders in control, page-19

A stock price only appreciates when there is a high degree of confidence in that particular company's foreseeable future. When confidence is not there the price will suffer. Failure by a company M.D to deliver on an oft stated proclamation is seen as a sign of doubt for that companies ability to deliver on future operations. 

Big discoveries mean nothing if the company concerned cannot monetise those discoveries. A PFS is one of the first steps towards that process. 

Why would the market think that the companies ability to monetise SN will be any different to what is occurring at Mallee Bull. When 4 deadlines have now been missed over a period of 18 months. With no explanation to the market about why those deadlines have all come and gone. With nothing to show for it. 

I along with others are simply stating the obvious here. The market for PEX is not that stupid that it requires myself to inform it about what is going on. If you think the greater market for PEX relies on H.C postings in order to arrive at a fair pricing level then you are mistaken. I only wish i could have such influence on the price by what i post. A 41% shortfall in the recent rights issue is confirmation that the concern is more widespread than what some on here are prepared to admit.

I want the company to succeed in a big way.I know it's pricing is way under where it could be. However its potential is being hamstrung by a few issues. Sticking ones head in the sand pretending all is rosy & talking the stock up for the sake of it whilst ignoring the elephant in the room is akin to living under a thick layer of delusion.