In the 4 months since Dec, when investors stumped up $9.38 mil, management has done or in the process of doing:
- Gained 80% interest in Olympic Domain tenements
- re-logged two holes
- re-interpreted magnet and gravity data
- petrographic analysis
- investigated the potential of a downhole survey
- no work on Pernatty C,
- no work on Lake Torrens,
- no work on Pyramid lake,
- released and retracted an announcement about Wee Macgregor
Given that the arse has fallen out of the share price and shareholder confidence is low (except for the faithful on this forum) I would expect that management does more to give us some confidence in their ability.
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