Ever the oracle, our mate Fradey. Always at hand to remind us of his forewarnings past. Always told us so. We'd agree on a few things I reckon if you could turn down the hot air.
if it's under 10c it won't be for dilution.
It'll be either through the market for the commodities dying, another acorn capital pulling the rug out (remember that frader? -> $0.04?) or through the much discussed general inertia/ perceived incapacity to develop the resource. Emphasis on perceived. I'm inclined to agree and getting keen for action.
The inground assets are still there. And Rob Tyson's done well to discover them. And I reckon they're worth more than 22cps.
This move to exit Saturn is not readily explained, I grant you. Seems too crazy. I'm gonna be wishfully contrarian and say it's because there's something we don't know that the company has decided it needs to spend on right now. Not something boring like we're gonna run out of money, impending, and it's time to sell the farm.
PEX Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
(20min delay)