Ann: ASX Release - Execution of sale transaction (26 May 2020), page-49

I have read interesting posts regarding capital raising, but I still believe that we could have kept this company going for a few more quarters with capital raisings. I find it hard to accept that the board would hastily throw away their jobs, possible nine months or more of salaries for them and staff, all to save us from wasting a few dollars in trying to keep the company afloat. The think covd19 is on the wane, oil and gas prices are on the rise as is oil and gas stocks. I believe that to keep this company alive for a little longer was OUR CALL, NOT THEIRS. JL