Ann: Trading Halt, page-13

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PhilMiner

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26/02/19

17:46

Post #: 37575880
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Originally posted by HotTrade: ↑

PFS for starters - Market doesn't care about there excuses.
When John & Neal road showed on the east coast with that drop kick Rowan Johnson they were so up beat about there ability to create interest in this story. size scale etc.
There ability to raise funds privately through there network.
Constant conversations about doing things at a premium.
There ability to market and promote.
Track record at PLS etc etc.
There ability to attract cornerstones.

Not only have they done the exact opposite, they are raising at record lows all whist gold is sitting at near record gold prices.
GO FIGURE HEY !!

How many times was it touted to them to toll treat smaller pits or put an addit into the side of Zoroastrian and take advantage of the great Aussie gold price
This would of brought fresh investors in, created excitement and led to reg news flow, not to mention underground drilling once more of the ore body was exposed.
This could of been done with minimal dilution at higher pricing, whilst they worked on a cornerstone at favourable commercial terms.
They are one of the least commercial boards i have seen in a long time. They are not Time or Share Price sensitive which has led to this reckless raising at record lows.

As for getting out i would love to
So long as i am not down 80%

Reckless disregard for existing shareholders.

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I know your frustration. I am in other miners where I am down big time on promises. That seems to be the way it works, and if you're lucky you get a bite at a success story.

BDC Price at posting: 5.1¢ Sentiment: Hold Disclosure: Held
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Ann: Trading Halt, page-13

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SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Nimy to raise $1.21M to explore 'newsy' WA targets

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

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