...indeed....ASX security was apparently forced to call riot/ pest/ food control just after this release....
....something to do with 'donkeys' and truck load of 'carrots' outside the ASX building....
....a mess.......now that none of the 'donkeys' were interested in any more 'carrots' from this management team who handed themselves multi-millions $ compensation packages after shareholders lost 90% last 18 months...
....750K buyers...and 750K sellers...zero price movement...and this report/drilling campaign cost them $50M?
...another $50M gone...and zero value was crystallised for shareholders.....$22.5M/annum is being spend spend on 'admin & offices'....
...yikes....
Bottom line:
....$330M fundraises last 18 months.... >200,000m of holes drilled .. share-price is 90% down....but most importantly: management team paid themselves how many tens of millions during this period...?
...maybe someone should let the management team know to open a few donkey pie shops to raise next round of cash required to maintain their multi-million $ lifestyles.... the next 'donkey' slaughtering is going to be brutal... especially for the German donkey who is going to have to report a >$30M loss on this investment soon...
...how to lose $30M in 30 days....ask Volkswagen....
.. and my 15 cent target is closing in... I van feel it....
....BUT please buy more stock so that your broker could lend it to me so that I could triple my short position....
.....see that there are already 350,000 shares available to short on TSX tomorrow.....sweet.....
...my two cents...
PMT Price at posting:
27.5¢ Sentiment: Sell Disclosure: Not Held
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