Yes Mitis the delay in any update is very disappointing.
The company had disclosed some time ago that they have been a) carrying out DD on several acquisitions and b) assessing the "received" Doolgunna results. Given it is inevitable that news on both fronts will eventually come forth, you'd assume and hope that they must have some grand master plan that's key to success appears to be based on timing!!
With less than a week until the remaining 180m options expire I would have thought these would have been converted by now. Why hold so close to expiration date? Are these holders not willing to fork out the $360K to convert? Surely it's still an easy double your money at these dismal levels for them? What if they don't convert?
The options expiry date is looming and will at least provide some insight into how well the company can play the capital markets.
As for activities......well....my patients is really being stretched.
:|
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