Rob, I agree with you, it doesn't make sense, so there must be something else going on behind the scenes that WR1 can't release to shareholders and the public as yet.
However, while not making sense, it does make an impression, and impressions at this end of the market are everything, because they are highly correlated with competency.
So in the meantime, until the announcement, a few people can have fun here, and it certainly brings a smile to my cheeky grin.
Vacillation is a killer, and it's been going on here long enough.
Either buy Renard now, or don't buy it, but at least have the guts to make a decision.
Kicking the can down the road, time after time, without making a decision, gives the impression of someone wringing their hands and biting their nails and too afraid to make a decision.
There has been more-than-ample time to assess Renard.
And if there is some other issue preventing a current decision (that is, other than personal prevarication), then at least have the cojones to announce it to shareholders, otherwise what the hell has this management been doing, simply sitting back and waiting for a road to be be built, and paying $8 million for the privilege of doing so - that is crazy, unless of course you are going to get your $8 million back.
These guys seem to be staring into the headlights, while playing with their todgers, and sucking their thumbs, picking hair out of their navels, and wondering what to do - and paying $8 million for the time to do so.
I'm getting all kinds of Basil Fawlty and Monty Python images in my mind here.
If it wasn't so serious for some shareholders, then it would be a divine comedy.
It's all fun for us who have no shares, but then again, I'd rather this fun than what we've been through over at FFX and LLL, which goes to show, it's surely not a comedy when you are the person involved. I've been suffering over at FFX and LLL for a long while, and I'm almost numb with it.
I do sincerely hope it works out well for shareholders here, I've spoken with Chris on previous occasions when he was with LLL, and he's a good decent chap.
Gw
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