I think the longterm holders are scr#wed as well.
Just have to hope that PJ and co have a plan. Because from where I sit I am not so sure they are looking after shareholders as they are themselves.
What gets me is they have been drilling away in the Waterberg, we have no info released, the sp is sliding, they have renegged on the options package and now want them free.
They have all the information and we do not. Is this legal.??
Because it certainly does not look like continuous disclosure to me. Or that the drilling is immaterial information and does not need to be disclosed.
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