Ann: Investor Conference Presentation, page-77

I think this is a sell in the short term.

we have a CEO who has no experience managing shareholder expectations, a series of delays, followed by more delays, and someone writing announcements who thinks bulldozing a road constitutes the beginning of the drilling.

I agree the JORC codes and MRE will buoy the price. but I can't say I have much faith, given every other delay, that it'll occur in the expected timeframes.

this is going to bleed out badly until the next announcement IMO. and with the recent track record, god only knows when that'll be.

now i see why the PLS chart is the way it is.